BSELords Mark Industries LtdHighNeutral
Announced Thu, 2 Jul, 2026 · 08:33 IST

Vinay Sarda acquires 5.06 lakh shares (0.12%) via IBC resolution plan

Promoter Stake BuyOwnership Changes View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Vinay Benigopal Sarda has acquired 5,06,875 equity shares of Lords Mark Industries on 21 November 2025, representing 0.12% of diluted share capital. The acquisition was made under Regulation 10(1)(da) pursuant to a resolution plan approved under Section 31 of the Insolvency and Bankruptcy Code 2016 and a scheme of amalgamation approved by NCLT Mumbai Bench on 28 July 2025.

Likely market impact

Small promoter-level acquisition via IBC restructuring route. Stake rise is marginal; signals resolution plan execution rather than fresh market buying.