BSESuryavanshi Spinning Mills Ltd-$HighNeutral
Announced Tue, 30 Jun · 17:50 IST
Promoter buys 4.90% stake in Suryavanshi Spinning Mills via off-market deal
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Mr. Rajender Kumar Agarwal, Promoter of Suryavanshi Spinning Mills, acquired 2,40,480 equity shares (4.90 percent) via off-market transaction on 30 June 2026. His stake rose from 42.36 percent (20,79,253 shares) to 47.26 percent (23,19,733 shares). Total equity share capital remains 49,08,576 shares of Rs 10 each.
Likely market impact
Promoter increasing stake signals confidence. Holding at 47.26 percent is close to the 50 percent majority control mark.