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 10,690 equity shares through the open market on February 24, 2026. His holding increased marginally from 1,16,20,560 shares (8.77%) to 1,16,31,250 shares (8.78%) of the company. The acquisition represents just 0.008% of the total share capital. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations. The company's total equity capital consists of 13,06,30,626 shares of Re. 1 each and 18,40,824 shares of Rs. 0.5 each.
This is a very small, incremental purchase by the promoter and is unlikely to move the stock price. It shows continued promoter confidence but does not materially change the shareholding pattern.