Glen Industries Limited has filed a regulatory disclosure under SEBI Listing Regulations (Regulation 30) regarding acquisition of shares by its promoter group.
Nature of Disclosure: The company intimated that Lalit Agrawal (HUF), which is part of the Promoter Group, acquired 19,200 equity shares from public shareholders of the Company.
Transaction Details:
- Number of shares acquired: 19,200 equity shares
- Acquisition price per share: ₹113.32
- Total acquisition value: ₹21,75,774
- Acquisition date: August 7, 2026
- Acquisition method: Purchased from public shareholders at prevailing market price
Shareholding Impact:
- Pre-acquisition promoter and promoter group holding: 73.89% of total paid-up equity share capital
- Post-acquisition promoter and promoter group holding: 73.97% of total paid-up equity share capital
- Increase in promoter group holding: 0.08 percentage points
Regulatory Compliance: The acquisition was carried out after ensuring compliance with minimum public shareholding requirements as prescribed under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
Filing Details: The disclosure was signed by Shikha Sureka, Company Secretary and Compliance Officer, and submitted to BSE Limited on August 7, 2026.