Eskay Aluminium buys 16,500 Sacheta Metals shares in open market

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Key Highlights
  • Eskay Aluminium Pvt Ltd acquired 16,500 shares of Sacheta Metals Ltd on September 1, 2026
  • The transaction was executed via the open market
  • Post-acquisition holding stands at 100,212 shares, representing a 0.08% stake
  • The filing was made under SEBI (SAST) Regulations, 2011
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49808374

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Eskay Aluminium Pvt Ltd acquired 16,500 equity shares of Sacheta Metals Ltd on September 1, 2026, through an open market transaction. The purchase increased its total holding to 100,212 shares, representing a 0.08% stake in the company.

The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Satish Kumar K. Shah, the authorized representative of Eskay Aluminium, submitted the filing to the Bombay Stock Exchange (BSE).

Shareholding Details

Before the transaction, Eskay Aluminium held 83,712 shares, accounting for 0.07% of the total share and voting capital. The open market purchase added 16,500 shares, or 0.01% of the capital.

Metric Before Acquisition Acquisition After Acquisition
Shares Held 83,712 16,500 100,212
Stake (% of Total Capital) 0.07% 0.01% 0.08%

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 acquirer does not belong to the promoter or promoter group of the target company. No voting rights other than those carried by shares were acquired or held.

Historical Stock Returns for Sacheta Metals

1 Day5 Days1 Month6 Months1 Year5 Years
-2.70%-3.99%-5.25%-7.91%-13.84%+4.34%

Is Eskay Aluminium's incremental purchase of Sacheta Metals shares part of a broader strategy to consolidate its position in the metals sector, or is this an isolated investment?

How might this acquisition impact Sacheta Metals' stock price volatility and trading volume in the short term?

Given the small stake size (0.08%), are there indications that Eskay Aluminium intends to increase its holding to a strategic level in the coming quarters?

Sacheta Metals promoter Chetnaben Shah acquires 20,000 shares

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Promoter Chetnaben Satishkumar Shah acquired 20,000 shares on September 1, 2026
  • Stake increased from 15.51% to 15.52% of total voting capital
  • Transaction disclosed under SEBI Regulation 29(2)
  • Total equity capital remains at ₹25 crore with 12.5 crore shares outstanding
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Promoter Chetnaben Satishkumar Shah acquired 20,000 equity shares of Sacheta Metals Ltd on September 1, 2026. The open market purchase increased her stake in the Gujarat-based metals firm by 0.01 percentage points.

The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction did not involve any warrants, convertible securities, or voting rights other than those attached to the equity shares.

Holding Details

Before the transaction, Chetnaben Shah held 19,379,611 shares, representing 15.51% of the total share and voting capital. Following the purchase, her total holding stands at 19,399,611 shares, or 15.52% of the diluted voting capital.

Metric Before Acquisition After Acquisition
Number of Shares 19,379,611 19,399,611
% of Total Capital 15.51% 15.52%
Voting Rights (Other) Nil Nil

The company’s total equity share capital remains unchanged at ₹25,00,00,000, divided into 12,50,00,000 equity shares of ₹2 each. The acquisition was executed in the open market.

Historical Stock Returns for Sacheta Metals

1 Day5 Days1 Month6 Months1 Year5 Years
-2.70%-3.99%-5.25%-7.91%-13.84%+4.34%

Does this incremental open-market purchase signal Chetnaben Shah's confidence in Sacheta Metals' near-term operational performance or valuation?

How might this promoter accumulation influence retail investor sentiment and short-term trading volume for the stock?

Are there any indications that this purchase is part of a larger, undisclosed strategy to consolidate control or prepare for a corporate action?

More News on Sacheta Metals

1 Year Returns:-13.84%