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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Rahul Maganlal Timbadia, a promoter of La Tim Metal & Industries Ltd, acquired 1,04,320 equity shares through open market purchases on 27 March 2026. His stake in the company rose from 8.86% (1,17,43,374 shares) to 8.94% (1,18,47,694 shares), an increase of 0.08 percentage points. The disclosure has been made under Regulation 29(1) & 29(2) of the SEBI Takeover Regulations, 2011. The company's total equity capital remains unchanged at roughly 13.25 crore shares across two face value classes.
A modest open-market purchase by a promoter is generally seen as a confidence signal, but the small size (0.08% increase) is unlikely to materially move the stock. Shareholders should note that promoter ownership remains well below 50%, leaving the company with no controlling shareholder.