Announced Fri, 20 Mar · 19:31 IST

Western Carriers (India) Limited has informed the Exchange regarding 'Disclosure under Regulation 29 (2) of Securities and Exchange Board of India (Substantial acquisition of Shares and Takeovers) Regulations, 2011'.

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 14 horizons · vs prior close
-6.5%1-day move
₹91.20
prior close
₹91.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.4-1.7-1.4-1.8-6.5-2.4-10.9-15.2-10.9-6.3+11.7+13.7+8.6+13.8
Up moveDown movePending
AI summary

Mr. Rajendra Sethia, Promoter and Chairman & Managing Director of Western Carriers (India) Limited, acquired 20,000 equity shares through open market purchases on March 19 and March 20, 2026. This represents 0.020% of the company's total paid-up share capital (10,19,55,213 equity shares of face value Rs. 5 each). His total holding increased from 7,41,71,020 shares (72.748%) to 7,41,91,020 shares (72.768%). The disclosure was filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011.

Likely market impact

This is a small open-market purchase by the promoter that signals continued confidence in the company, though the marginal increase in stake (0.020%) is unlikely to materially affect the stock price or shareholding structure.