Disclosure under Regulation 7(2) of the PIT Regulations, 2015 as received from Al Salama Eye Research Foundation (Promoter Group)
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Abate AS Industries Ltd informed BSE about a Form-C disclosure received from Al Salama Eye Research Foundation, a member of the Promoter Group. The entity purchased 82,202 equity shares of the company in the open market on BSE on 26 February 2026, for a total consideration of approximately ₹10.53 lakh (₹10,53,101). As a result of this acquisition, the promoter group's holding rose from 12,79,132 shares (0.81%) to 13,61,334 shares (0.86%). No derivative transactions were involved. The intimation was signed by Company Secretary Heena Kausar Rangari.
This is a small open-market purchase by a promoter group entity, increasing its stake marginally from 0.81% to 0.86%. While the increase is minor, promoter buying is generally viewed as a confidence signal by retail investors. The transaction size is too small to materially affect the stock price.