The Exchange has received the disclosure under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rahul Timbadia
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Promoter Rahul Maganlal Timbadia acquired 15,300 equity shares of La Tim Metal & Industries Ltd on February 25, 2026, through an open market purchase. His holding rose from 1,16,31,250 shares (8.78%) to 1,16,46,550 shares (8.79%), a marginal increase of 0.012%. The disclosure was filed under SEBI's Substantial Acquisition of Shares & Takeovers Regulations since his holding is above the 5% reporting threshold. The company's total equity share capital comprises 13,06,30,626 shares of Rs 1 each and 18,40,824 shares of Rs 0.5 each, which remained unchanged post-acquisition.
This is a tiny incremental purchase by a promoter, suggesting quiet confidence in the company but with no meaningful change to the shareholding pattern. Retail investors should note the promoter remains well below 50% holding, so this buy does not signal any shift in control or governance.