NewsLA TIM Metal MD Rahul Timbadia Files SEBI Disclosure for Share Acquisition Worth ₹9.56 LakhLA TIM Metal MD Rahul Timbadia Files SEBI Disclosure for Share Acquisition Worth ₹9.56 Lakh
LA TIM Metal & Industries Limited's Managing Director Rahul Maganlal Timbadia has filed a mandatory SEBI disclosure under Regulation 29(2) of SAST Regulations following his acquisition of 1,04,320 equity shares worth ₹9,56,614.4 through open market purchase on BSE. The transaction increased his shareholding from 8.86% to 8.94%, demonstrating continued promoter confidence in the company.
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La Tim Metal & Industries Limited's Managing Director has filed a mandatory regulatory disclosure following his recent share acquisition. The transaction demonstrates continued confidence from the promoter leadership in the company's prospects and compliance with SEBI regulations.
SEBI Regulatory Disclosure
Rahul Maganlal Timbadia, Managing Director and promoter of the company, filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 2011. The disclosure was submitted to both the company and BSE Limited on March 27, 2026, ensuring full regulatory compliance.
| Regulatory Parameter: | Details |
|---|---|
| Regulation: | SEBI SAST Regulation 29(2) |
| Filing Date: | March 27, 2026 |
| Acquirer Status: | Promoter |
| DIN: | 00691457 |
| Exchange: | BSE Limited |
Share Acquisition Details
The transaction involved an open market purchase of equity shares executed on March 27, 2026. Timbadia acquired a substantial number of shares through BSE, representing a strategic investment in the company's stock.
| Transaction Parameter: | Details |
|---|---|
| Shares Acquired: | 1,04,320 |
| Transaction Value: | ₹9,56,614.4 |
| Purchase Date: | March 27, 2026 |
| Exchange: | BSE |
| Transaction Mode: | Open Market Purchase |
Shareholding Changes
The acquisition resulted in a measured increase in Timbadia's stake in the company. His shareholding position shows an incremental rise in ownership percentage following the transaction.
| Shareholding Position: | Before Transaction | After Transaction |
|---|---|---|
| Number of Shares: | 1,17,43,374 | 1,18,47,694 |
| Percentage Holding: | 8.86% | 8.94% |
| Change in Holding: | - | +0.08% |
Company Share Capital Structure
The company maintains a dual equity structure with shares of different face values. The total voting capital remains unchanged following this transaction.
| Share Capital Component: | Details |
|---|---|
| Equity Shares (₹1 each): | 13,06,30,626 |
| Equity Shares (₹0.5 each): | 18,40,824 |
| Total Voting Capital: | Unchanged post-transaction |
The regulatory filing confirms that all calculations and percentages are based on fully paid-up shares, with the company having acquired fully paid-up equity shares in this transaction.
Historical Stock Returns for La Tim Metal & Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.67% | +6.26% | +1.57% | +16.29% | +8.49% | +122.58% |
Will Rahul Timbadia continue increasing his stake towards a higher ownership threshold that could trigger additional regulatory requirements?
How might this promoter confidence signal affect institutional investor sentiment and La Tim Metal's stock performance in the coming quarters?
What strategic initiatives or expansion plans could be driving the Managing Director's decision to invest additional capital in the company?
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