Shareholding16 Jun 2026, 05:30 pm
Rajasthan Global Securities Reduces Tipco Engineering Stake to 17.73%
AI Summary
Rajasthan Global Securities Private Limited has disclosed a reduction in its shareholding in Tipco Engineering India Ltd. The stake has decreased from 19.94% to 17.73% through an open market sale of 46,400 shares. This disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total equity share capital of Tipco Engineering India Ltd remains at 2,07,67,584 equity shares of Rs. 10 each.
Key Highlights
- Rajasthan Global Securities sold 46,400 shares of Tipco Engineering.
- Shareholding reduced from 19.94% to 17.73%.
- Transaction was conducted via open market sale.
- Disclosure made as per SEBI Takeover Regulations.
- Total equity capital remains unchanged.
Price Impact
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