BSELords Mark Industries LtdHighPositive
Announced Thu, 2 Jul · 08:32 IST

Insider acquires 0.15% stake in Lords Mark Industries under NCLT plan

Listed Co AcquisitionNclt Scheme FiledStrategic Transactions View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Smitha Sunnil Korgaonkar acquired 6,25,000 equity shares (0.15% of diluted share capital) of Lords Mark Industries Ltd on 21/11/2025. The shares were allotted under a resolution plan approved by NCLT Mumbai under Section 31 of the Insolvency and Bankruptcy Code, 2016, and a scheme of amalgamation approved by NCLT on 28/07/2025. The acquirer is exempted from making an open offer under Regulation 10(1)(da).

Likely market impact

Minor 0.15% acquisition via NCLT-approved resolution plan; no open offer triggered; limited impact on existing shareholders.