Scrip Symbol
WCIL
Western Carriers (India) Limited has received and submitted a disclosure pursuant to Regulation 29(2) of SEBI (SAST) Regulations, 2011 regarding acquisition of equity shares by promoter Rajendra Sethia.
Acquisition Details
- Acquirer: Rajendra Sethia, Promoter and Chairman and Managing Director of the Company
- Shares Acquired: 16,585 equity shares of face value ₹5 each
- Percentage of Paid-up Capital: 0.016%
- Date of Acquisition: June 05, 2026
- Mode of Acquisition: Open market purchase
- Regulatory Reference: SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Regulation 29(2)
Shareholding Changes
Pre-acquisition Holding (as of latest filing):
- Shares carrying voting rights: 7,41,91,020 shares
- Percentage of total share/voting capital: 72.768%
- Total holding (including all instruments): 7,41,91,020 shares (72.768%)
Acquisition Details:
- Shares acquired: 16,585 shares
- Percentage of total share capital: 0.016%
- Percentage of diluted share capital: 0.016%
Post-acquisition Holding:
- Shares carrying voting rights: 7,42,07,605 shares
- Percentage of total share/voting capital: 72.784%
- Total holding (including all instruments): 7,42,07,605 shares (72.784%)
Capital Structure Impact
- Equity share capital before acquisition: 10,19,55,213 equity shares of ₹5 each (unchanged)
- Equity share capital after acquisition: 10,19,55,213 equity shares of ₹5 each (unchanged)
- Total diluted share/voting capital: 10,19,55,213 equity shares of ₹5 each
Additional Information
- No shares are encumbered (pledged/lien/others) by the acquirer
- No warrants, convertible securities, or other instruments entitling to receive shares carrying voting rights
- No voting rights otherwise than by shares
- The disclosure was submitted to both BSE Limited and National Stock Exchange of India Limited
Financial Impact
Minor change in promoter shareholding percentage (increase of 0.016%), with no material impact on company's capital structure or financial position.