Found a bug or want a feature? Verified reports earn free credits.
Log inSign up
Back to alerts
BSERama Petrochemicals LtdHighNeutral
Announced Mon, 13 Apr, 2026 · 16:58 IST

Promoter group acquires 12.72 lakh shares via preferential allotment

Promoter Stake BuyOwnership Changes View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Rama Industries Ltd along with persons acting in concert (promoter/promoter group) acquired 12,72,332 equity shares of Rama Petrochemicals Ltd through a preferential allotment on April 13, 2026. The promoter group's voting rights holding rose from 63.28% to 68.28%. The company's total equity share capital increased from Rs. 13.32 crore to Rs. 15.42 crore as a result of this preferential issue.

Likely market impact

Promoter voting stake rose to 68.28% via preferential allotment; non-promoter shareholders are diluted as new shares were issued to the promoter group.