Disclosure under regulation 7(2) of SEBI (PIT) Reg, 2015
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Mr. Rahul Maganlal Timbadia, Managing Director and Promoter of La Tim Metal & Industries Ltd, purchased 45,000 shares of the company in the open market on BSE on March 17, 2026, for a total value of ₹4,67,550 (approximately ₹10.39 per share). This is a continual disclosure filed under SEBI's insider trading regulations. After this buy, his total holding stands at 1,16,91,550 shares, representing 8.82% of the company, up from 8.79% prior to the transaction. No derivatives trading was involved in this deal.
This open-market share purchase by the promoter signals insider confidence in the company's prospects. Promoter buying is generally viewed positively by retail investors as it indicates the management is willing to invest their own money into the business, though the increase in stake is marginal (0.03 percentage points).