The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Akhil Mittal
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Akhil Mittal, belonging to the promoter/promoter group of Ramchandra Leasing & Finance Limited, has acquired 2,74,000 equity shares (0.34% of the total share capital) through an inter-se transfer under a Share Purchase Agreement dated November 29, 2024. Prior to this acquisition, his holding stood at 2,15,08,481 shares (26.50%); post-acquisition, it has risen to 2,17,82,481 shares (26.84%). The total equity share capital of the company remains unchanged at 8,11,62,000 shares. The transaction was carried out on January 8, 2026, and the disclosure was filed with BSE on January 10, 2026.
This is a minor increase in promoter's stake via an internal promoter-group transfer, signalling consolidation within the promoter family rather than a fresh market purchase. It is largely a neutral event for retail shareholders, with no material change in control or shareholding structure.