The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Generotrade Exim LLP
MODTHREAD · price
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Generotrade Exim LLP, part of the promoter/promoter group of Modern Thread India Ltd, has acquired 23,988 equity shares of face value INR 10 each in the open market on 01-09-2025. This acquisition represents 0.0689% of the company's paid-up share capital, taking the promoter group's total holding from 1,56,36,901 shares (44.9657%) to 1,56,60,889 shares (45.0347%). The total equity share capital of the company remains at INR 34,77,51,600, comprising 3,47,75,160 equity shares. This is a small, incremental open market purchase that nudges the promoter holding slightly higher but keeps it well below the 50% mark.
This is a minor open-market purchase by the promoter group, signalling continued confidence in the company, but the size is too small to materially affect the stock price or change control dynamics. With promoter holding at around 45%, the company continues to be classified as one with a non-majority promoter group.