Eskay Aluminium acquires 18,584 Sacheta Metals shares in open market
- Eskay Aluminium acquired 18,584 shares of Sacheta Metals Ltd on August 31, 2024
- Total holding increased to 83,712 shares, representing a 0.07% stake
- Transaction executed via open market under SEBI SAST Regulations
- Acquirer is not part of the promoter group
- No convertible securities or voting rights other than shares were traded

*this image is generated using AI for illustrative purposes only.
Eskay Aluminium Pvt Ltd acquired 18,584 equity shares of Sacheta Metals Ltd on August 31, 2024, through open market transactions.
The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction increased Eskay Aluminium’s total holding in the company to 83,712 shares.
Shareholding Details
Prior to the transaction, Eskay Aluminium held 65,128 shares, representing 0.05% of the total share and voting capital. Following the purchase of 18,584 shares (0.02%), its aggregate stake rose to 0.07%.
| Metric | Before Acquisition | Transaction | After Acquisition |
|---|---|---|---|
| Shares Held | 65,128 | 18,584 | 83,712 |
| Stake (% of Total Capital) | 0.05% | 0.02% | 0.07% |
| Voting Rights (Other) | NIL | NIL | NIL |
| Convertible Instruments | NIL | NIL | NIL |
The acquirer does not belong to the promoter or promoter group of Sacheta Metals Ltd. The target company’s equity share capital remains at ₹25,00,00,000, divided into 12,50,00,000 equity shares of ₹2 each. No warrants or convertible securities were involved in the transaction.
Historical Stock Returns for Sacheta Metals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.33% | -2.37% | -3.64% | -5.36% | -9.29% | 0.0% |
Does Eskay Aluminium's incremental purchase signal a strategic intent to increase its stake beyond the current 0.07% holding in Sacheta Metals?
How might this accumulation of shares by a peer in the aluminium sector influence market sentiment or valuation benchmarks for Sacheta Metals?
Are there any regulatory thresholds approaching that would require Eskay Aluminium to make further disclosures or trigger takeover code obligations?


































