BSEMeera Industries LtdHighPositive
Announced Tue, 2 Sept · 15:39 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dharmeshkumar Vinodkumar Desai & PACs

Promoter Stake BuyOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mr. Dharmeshkumar Vinodkumar Desai, Promoter, Chairman and Managing Director of Meera Industries Ltd, purchased 9,011 equity shares on 28 August 2025 through a market purchase. This increased his individual holding from 22.30% (23,80,989 shares) to 22.38% (23,90,000 shares). Together with PACs (Bijal Desai, Kenny Desai, and Het Desai), the total promoter group holding rose marginally from 60.72% to 60.80% of the company's paid-up equity capital. The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011, with BSE as the listed exchange.

Likely market impact

This is a small open-market purchase by the promoter, signaling continued confidence in the company. The marginal 0.08% increase is unlikely to materially affect the stock price but reinforces promoter commitment, with the promoter group maintaining a majority stake above 60%.