BSELords Mark Industries LtdHighNeutral
Announced Thu, 2 Jul · 08:25 IST
Manish Upadhyay acquires 9.85 lakh shares via IBC resolution plan
Ownership Changes View source PDF
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Manish Hariram Upadhyay has acquired 9,85,000 equity shares (0.23% of diluted share capital) of Lord's Mark Industries Limited on 21 November 2025. The shares were allotted pursuant to a Resolution Plan approved under Section 31 of the Insolvency and Bankruptcy Code 2016 and a scheme of amalgamation approved by NCLT Mumbai Bench on 28 July 2025. The acquisition is exempt from open offer requirements under Regulation 10(1)(da) of SEBI SAST Regulations.
Likely market impact
Minor 0.23% stake acquired as part of IBC-approved restructuring; no open offer triggered.