Mrs. Ameeta Ranade, belonging to the Promoter and Promoter Group of Advance Metering Technology Limited, has submitted a disclosure pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 regarding acquisition of equity shares of the company.
The acquisition occurred through transmission of shares consequent upon the demise of Late Mr. Pranav Kumar Ranade, who was the Promoter and Chairman & Executive Director of the company. The transaction was effected by operation of law and not by way of market purchase, off-market transfer, or any negotiated transaction.
Shareholding Details
Pre-acquisition holding (as of latest filing):
- Shares carrying voting rights: 1,091,757 equity shares
- Percentage of total share/voting capital: 6.80%
- Percentage of total diluted share/voting capital: 6.80%
Acquisition details:
- Shares acquired: 854,635 equity shares
- Percentage acquisition: 5.32% of total share/voting capital
- Percentage acquisition: 5.32% of total diluted share/voting capital
- Mode of acquisition: Transmission of shares
- Date of acquisition: June 18, 2026
Post-acquisition holding:
- Total shares carrying voting rights: 1,946,392 equity shares
- Percentage of total share/voting capital: 12.12%
- Percentage of total diluted share/voting capital: 12.12%
The disclosure was submitted to BSE Limited and includes the prescribed format under Regulation 29(2) of SEBI (SAST) Regulations, 2011 as Annexure-A.