BSELords Mark Industries LtdHighPositive
Announced Thu, 2 Jul, 2026 · 08:32 IST

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

Listed Co AcquisitionNclt Scheme FiledStrategic Transactions View source PDFExplain this filing
Price reaction

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.