Intimation under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 - Acquisition of Shares by Promoter and Promoter Group
Price
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Lalit Agarwal (HUF), part of the Promoter Group of Glen Industries Ltd, bought 12,000 equity shares from public shareholders on March 18, 2026, at Rs. 62.132 per share, totalling about Rs. 7.46 lakhs. Following this purchase, the combined Promoter and Promoter Group holding in the company went up slightly from 73.00% to 73.05% of the total paid-up equity share capital. The company confirmed that minimum public shareholding norms under SEBI regulations have been complied with.
This is a small incremental purchase by the promoter group, signalling continued confidence in the company, but the size (just 12,000 shares, a 0.05% rise in holding) is too minor to materially affect stock price or shareholder value.