The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajinder Mittal
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BCL Industries promoter Rajinder Mittal has filed a Regulation 29(2) SAST disclosure reporting the purchase of 1,45,000 equity shares on 27th March 2026 through the open market. The acquisition raised his individual holding from 4,46,25,912 shares (15.11%) to 4,47,70,912 shares (15.16%), a marginal increase of 0.05%. The shares were acquired in his personal capacity as a promoter of the company. Total share capital of BCL Industries remains unchanged at Rs. 29,51,63,340 divided into 29,51,63,340 equity shares of Rs. 1 each. The disclosure confirms no encumbrance or pledge is involved in this transaction.
A modest promoter buy signals insider confidence in the company, though the 0.05% increase is small and unlikely to move the stock price materially on its own.