WCILBSEWestern Carriers (India) LtdMediumPositive
Announced Tue, 9 Sept · 11:23 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kanishka Sethia

Promoter Stake BuyOwnership Changes View source PDF

WCIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Kanishka Sethia, Promoter, Wholetime Director, CEO and CFO of Western Carriers (India) Ltd, has disclosed the acquisition of 1,00,000 equity shares (face value Rs. 5 each) on September 5, 2025, through the open market. This purchase represents 0.098% of the company's paid-up capital, taking his individual holding from 4,920 shares (0.005%) to 1,04,920 shares (0.103%). The disclosure has been filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, with both BSE and NSE. The total equity share capital of the company stands at 1,01,95,213 shares.

Likely market impact

A promoter-led open market purchase is generally viewed as a confidence signal by the market, though the size is quite small (under 0.1%) and is unlikely to materially move the stock price on its own.