BSEGlen Industries LtdMediumPositive
Announced Wed, 18 Mar · 19:36 IST

Intimation under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 - Acquisition of Shares by Promoter and Promoter Group

Promoter Stake BuyOwnership Changes View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+8.0%1-day move
₹62.00
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+8.0+5.4+12.7+9.7+5.2+7.1+35.9+38.5+14.4+13.7
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AI summary

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.

Likely market impact

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.