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, purchased 12,824 equity shares through the open market on March 24, 2026. The acquisition represents just 0.009% of the company's share capital. His total holding increased marginally from 1,17,30,550 shares (8.86%) to 1,17,43,374 shares (still 8.86% on a rounded basis). The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations, 2011, which governs reporting of share acquisitions by promoters.
This is a token-sized purchase by the promoter with no meaningful change to the shareholding pattern or control of the company. Unlikely to have any impact on stock price or investor sentiment.