Sanjeev Lunkad Acquires 9.002% Stake in Wagend Infra Venture
Sanjeev Lunkad, along with Persons Acting in Concert (PACs), has acquired 4,241,963 equity shares in Wagend Infra Venture Ltd. This acquisition represents 9.002% of the total share capital. The shares were acquired through open market transactions on August 10, 2026. Prior to this acquisition, the group held 8.80% of the company's shares. The total equity share capital of Wagend Infra Venture Ltd. is Rs. 4,71,25,000/-. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Sanjeev Lunkad and PACs acquired 9.002% stake in Wagend Infra Venture.
- Acquisition involved 4,241,963 equity shares via open market.
- Previous holding was 8.80%, now increased to over 9%.
- Disclosure made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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