Eskay Alluminium raises stake in Sacheta Metals to 0.15%

scanx
Reviewed by
Suketu GScanX News Team
Key Highlights
  • Eskay Alluminium Pvt Ltd acquired 10,337 shares (0.01%) of Sacheta Metals Ltd via open market on September 11, 2026
  • Post-acquisition, Eskay Alluminium's total holding in Sacheta Metals stands at 187,981 shares, representing 0.15% of total share capital
  • Prior to the acquisition, Eskay Alluminium held 177,644 shares, equivalent to 0.14% of total share capital
  • Eskay Alluminium is not part of the promoter or promoter group of Sacheta Metals
  • Sacheta Metals' total equity share capital remains ₹25,00,00,000, divided into 12,50,00,000 equity shares of ₹2 each
powered bylight_fuzz_icon
50685760

*this image is generated using AI for illustrative purposes only.

Sacheta Metals Ltd saw Eskay Alluminium Pvt Ltd acquire 10,337 shares (0.01%) through the open market on September 11, 2026, under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Acquisition details

The transaction was disclosed to BSE Limited by MR. Satish Kumar K. Shah, the authorised representative of Eskay Alluminium Pvt Ltd, based in Sabarkantha, Gujarat. Eskay Alluminium does not belong to the promoter or promoter group of Sacheta Metals. The shares were acquired through the open market, with no voting rights acquired otherwise than by shares, and no warrants or convertible securities involved in the transaction.

Shareholding before and after acquisition

The table below summarises Eskay Alluminium's shareholding position in Sacheta Metals before and after the acquisition:

Parameter Shares % of total share capital % of diluted share capital
Holding before acquisition 177,644 0.14% 0.14%
Shares acquired 10,337 0.01% 0.01%
Holding after acquisition 187,981 0.15% 0.15%

Share capital of Sacheta Metals

The equity share capital of Sacheta Metals remains unchanged before and after the acquisition. The company's total share capital stands at ₹25,00,00,000, divided into 12,50,00,000 equity shares of ₹2 each. The total diluted share capital is also ₹25,00,00,000, divided into 12,50,00,000 equity shares of ₹2 each, reflecting no outstanding convertible instruments.

The disclosure was filed in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and submitted to BSE Limited from Gujarat, India, on September 11, 2026.

Historical Stock Returns for Sacheta Metals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.79%+3.57%-1.31%-2.84%-8.50%0.0%

Is Eskay Alluminium's incremental purchase of Sacheta Metals shares part of a broader strategic accumulation plan or a one-off portfolio adjustment?

How might this minority stake influence potential future synergies or supply chain collaborations between the aluminium producer and the metals trading firm?

Could this acquisition signal an upcoming shift in Sacheta Metals' corporate governance structure or board composition as Eskay increases its involvement?

Eskay Aluminium buys 17,834 Sacheta Metals shares in open market

scanx
Reviewed by
Riya DScanX News Team
Key Highlights
  • Eskay Aluminium acquired 17,834 shares of Sacheta Metals Ltd on September 10, 2026
  • The stake increased from 0.13% to 0.14% following the open market purchase
  • Total holding now stands at 177,644 shares
  • The transaction complies with Regulation 29(2) of SEBI SAST regulations
powered bylight_fuzz_icon
50582703

*this image is generated using AI for illustrative purposes only.

Eskay Aluminium Pvt Ltd acquired 17,834 equity shares of Sacheta Metals Ltd on September 10, 2026. The purchase was executed through the open market, increasing the firm’s total holding to 0.14% of the target company’s voting capital.

The transaction falls under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. As disclosed to the Bombay Stock Exchange, Eskay Aluminium is not part of the promoter group of Sacheta Metals.

Acquisition Details

Metric Before Acquisition Transaction After Acquisition
Shares Held 159,810 17,834 177,644
Stake (%) 0.13% 0.01% 0.14%

Sacheta Metals Ltd has a total equity share capital of ₹25 crore, divided into 125 million equity shares with a face value of ₹2 each. The acquisition did not alter the total diluted share or voting capital of the company.

No warrants, convertible securities, or voting rights other than those carried by shares were involved in this transaction. The authorized representative for Eskay Aluminium, Satish Kumar K. Shah, filed the disclosure with the exchange.

Historical Stock Returns for Sacheta Metals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.79%+3.57%-1.31%-2.84%-8.50%0.0%

Does Eskay Aluminium's incremental purchase signal a strategic intent to build a larger stake in Sacheta Metals for potential operational synergies?

How might this acquisition impact the liquidity and trading volume of Sacheta Metals' shares on the Bombay Stock Exchange?

Given the small stake size, is this transaction part of a broader portfolio diversification strategy by Eskay Aluminium into the metals sector?

More News on Sacheta Metals

1 Year Returns:-8.50%