The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajendra Sethia
WCIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rajendra Sethia, Promoter and Chairman & Managing Director of Western Carriers (India) Ltd, bought 1,00,000 equity shares (face value Rs. 5 each) on September 4, 2025 through open market purchases. This represents 0.098% of the company's paid-up capital. His holding rose from 7,32,89,200 shares (71.884%) to 7,33,89,200 shares (71.982%). The disclosure was filed under Regulation 29(2) of SEBI Takeover Regulations, 2011, and submitted to BSE and NSE on September 5, 2025.
The promoter's continued open-market buying signals confidence in the company. With his stake at nearly 72%, he remains firmly in control; the small size of the purchase means limited share-price impact, but it reinforces promoter commitment.