StockWatch
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Castings & Forgings
Shareholding31 Oct 2026, 11:31 am

Kushal Vaswani Increases Stake in Vaswani Industries via Preferential Allotment

AI Summary

Kushal Vaswani, a promoter of Vaswani Industries Limited, has increased his shareholding through a preferential allotment of 3,94,450 equity shares. His holding increased from 17,61,153 equity shares (5.35% of existing paid-up share capital) to 21,55,603 equity shares (6.23% of enhanced paid-up share capital). The transaction involved the allotment of shares on October 23, 2026. The total equity share capital increased from 3,29,46,153 shares to 3,45,91,153 shares.

Key Highlights

  • Kushal Vaswani acquired 3,94,450 equity shares via preferential allotment.
  • His shareholding increased from 5.35% to 6.23% of total capital.
  • The transaction was a preferential allotment of shares.
  • This increases promoter holding in Vaswani Industries Limited.