Shareholding14 Aug 2026, 10:35 am
Accel India IV Sells 1.30% Stake in Urban Company Ltd
AI Summary
Accel India IV (Mauritius) Limited has disclosed the sale of 2,00,00,000 equity shares, representing 1.30% of the total share capital, in Urban Company Limited. The transaction was conducted through the open market. Following the sale, Accel India IV's holding in Urban Company has reduced from 6.14% to 4.84%. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total equity share capital of Urban Company remains 1,54,21,80,603 shares.
Key Highlights
- Accel India IV (Mauritius) sold 1.30% stake in Urban Company.
- Sale of 2 crore shares executed via open market.
- Accel India IV's holding reduced to 4.84% from 6.14%.
- Disclosure filed as per SEBI Takeover Regulations.
- Urban Company's total share capital remains unchanged.
Price Impact
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