Mayur Uniquoters promoter Kiran Poddar acquires 1,000 shares

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Kiran Poddar acquired 1,000 equity shares on September 29, 2026
  • Total promoter holding rises to 25,548,433 shares (58.80%)
  • Cumulative purchase by Kiran Poddar reaches 9,000 shares since September 25
  • Acquisition executed through open market under SAST Regulation 29(2)
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Mayur Uniquoters Limited promoter Kiran Poddar acquired 1,000 equity shares of the company on September 29, 2026, through the open market. This transaction was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

This acquisition follows a purchase of 2,000 shares made on September 28, 2026, and a prior purchase of 6,000 shares on September 25, 2026. Following the latest purchase, the total holding of the promoter and promoter group stands at 25,548,433 shares, constituting 58.80% of the company's total voting capital.

Transaction Details

The disclosure highlights that the acquisition was executed via the stock exchange in the open market. The face value of each equity share is ₹5. The total equity share capital of the company remains unchanged at ₹21,72,63,000, divided into 4,34,52,600 equity shares.

Metric Before Acquisition After Acquisition
Total Promoter Holding (Shares) 25,547,433 25,548,433
Total Promoter Holding (%) 58.79% 58.80%
Kiran Poddar's Holding (Shares) 92,727 93,727
Kiran Poddar's Holding (%) 0.213% 0.216%

Promoter Group Composition

The promoter group comprises several individuals, with Suresh Kumar Poddar holding the largest stake. The detailed breakdown of holdings before and after the transaction is as follows:

  • Suresh Kumar Poddar: Holds 17,582,126 shares (40.46%).
  • Manav Poddar: Holds 6,859,158 shares (15.79%).
  • Puja Poddar: Holds 678,163 shares (1.56%).
  • Arun Bagaria: Holds 332,645 shares (0.77%).
  • Dolly Bagaria: Holds 2,614 shares (0.01%).
  • Kiran Poddar: Increased holding to 93,727 shares (0.216%).

What the Numbers Show

The recent acquisitions by Kiran Poddar represent a cumulative addition of 9,000 shares over five days (September 25 to September 29). While the absolute number of shares purchased remains small relative to the total capital, the consecutive disclosures indicate active participation by this specific promoter entity in the open market. The overall promoter holding increased marginally from 25,547,433 to 25,548,433 shares, maintaining the control structure at approximately 58.80%.

Historical Stock Returns for Mayur Uniquoters

1 Day5 Days1 Month6 Months1 Year5 Years
+2.54%+5.62%+8.63%+41.53%+63.64%+66.87%

How might the consecutive open market purchases by Kiran Poddar influence retail investor sentiment and trading volume for Mayur Uniquoters in the coming weeks?

Could this incremental accumulation signal a broader strategic move by the promoter group to consolidate control ahead of potential corporate actions or divestments?

What impact will the marginal increase in promoter holding have on the company's free float and its eligibility for inclusion in major equity indices?

Mayur Uniquoters director Ratan Kumar Roongta ceases role after second term

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Ratan Kumar Roongta ceased as Independent Director on September 27, 2026
  • Cessation occurred after completing his second term on the Board
  • Board expressed appreciation for his contributions during tenure
  • Disclosure made under Regulation 30 of SEBI LODR Regulations, 2015
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Mayur Uniquoters Limited informed the stock exchanges that Ratan Kumar Roongta ceased to be an Independent Director and member of all Board committees on September 27, 2026. The cessation occurred upon the completion of his second term.

The company disclosed this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing references a prior disclosure dated August 5, 2026, regarding the same matter. The Board of Directors placed on record their sincere appreciation for the contributions made by Roongta during his tenure with the artificial leather and PVC vinyl manufacturer.

Cessation details

The regulatory filing provided specific details required under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The key particulars of the change in directorship are outlined below:

Particulars Details
Reason for change Completion of second term as Independent Director
Date of cessation September 27, 2026
Director Identification Number (DIN) 03056259
Brief profile Not applicable
Relationship disclosure Not applicable

Regulatory compliance

The communication was signed by Kapil Arora, Company Secretary and Compliance Officer, on September 28, 2026. The notice confirms that Roongta’s departure was procedural, stemming from the statutory limit on independent director tenures rather than resignation or removal. No other changes to the Board composition were disclosed in this specific filing.

Historical Stock Returns for Mayur Uniquoters

1 Day5 Days1 Month6 Months1 Year5 Years
+2.54%+5.62%+8.63%+41.53%+63.64%+66.87%

Who has been appointed as the successor to Ratan Kumar Roongta on Mayur Uniquoters' Board of Directors?

How will the vacancy in the Audit or Nomination committees impact upcoming governance decisions at Mayur Uniquoters?

What is the current independent director composition of Mayur Uniquoters relative to SEBI's minimum requirements following this departure?

More News on Mayur Uniquoters

1 Year Returns:+63.64%