Shareholding9 Jul 2026, 11:35 am
Bhikhaji Chavda Sells 3.57% Stake in Umiya Tubes Ltd
AI Summary
Bhikhaji Kacharaji Chavda, a promoter of Umiya Tubes Ltd, has disposed of 3.57% of his shareholding in the company. The sale involved 3,57,368 shares, reducing his total holding to 3,32,368 shares, which represents 3.32% of the total share capital. The disposal was conducted through the open market. The transaction occurred on June 23, 2026, with the disclosure made on July 8, 2026. This move is a significant change in promoter holding and may impact market perception.
Key Highlights
- Promoter Bhikhaji Chavda sold 3.57% stake in Umiya Tubes Ltd.
- Total shares sold amount to 3,57,368.
- Post-sale, promoter holding reduced to 3.32%.
- The transaction was executed via open market sale.
- Sale date was June 23, 2026.
Price Impact
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