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'.
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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.
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.