Shareholding23 May 2026, 11:31 am
Umiya Tubes: Bhikhaji Chavda Sells 1.49% Stake via Open Market
AI Summary
Bhikhaji Kacharaji Chavda sold 150,000 shares of Umiya Tubes Ltd, representing 1.49% of the total share capital, through an open market transaction. This sale reduces Chavda's holding in the company to 357,368 shares, which is 3.57% of the total share capital. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Bhikhaji Kacharaji Chavda sold 1.49% stake in Umiya Tubes via open market.
- The sale involved 150,000 shares of Umiya Tubes Ltd.
- Chavda's holding after the sale is 3.57% of the total share capital.
- The transaction was disclosed under SEBI Takeover Regulations.
- Umiya Tubes' equity share capital before and after the sale remains 1,00,06,667 shares.
Price Impact
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