Mayur Uniquoters Promoter Kiran Poddar Increases Stake with Fresh Acquisition

2 min read     Updated on 19 Mar 2026, 03:38 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Mayur Uniquoters promoter Kiran Poddar has increased his stake in the company by acquiring 14,004 equity shares through open market purchase on March 18, 2026. His total shareholding has increased to 50,623 shares representing 0.117% of the company's voting capital, up from his previous holding of 36,619 shares. The promoter group's collective shareholding now stands at 58.70% of the company's total equity.

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Mayur Uniquoters promoter Kiran Poddar has acquired additional equity shares in the company through open market purchase, as disclosed in a regulatory filing under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The latest transaction was completed on March 18, 2026, with the disclosure submitted to BSE Limited and National Stock Exchange of India Limited on March 19, 2026.

Latest Share Acquisition Details

Kiran Poddar acquired 14,004 equity shares of face value Rs. 5 each through purchase on the stock exchange in the open market. The acquisition represents 0.032% of the company's total share capital and diluted voting capital.

Parameter: Details
Shares Acquired: 14,004
Face Value per Share: Rs. 5
Acquisition Method: Open market purchase through stock exchange
Transaction Date: March 18, 2026
Percentage of Total Capital: 0.032%

Updated Shareholding Pattern

Following the latest acquisition, Kiran Poddar's total shareholding in Mayur Uniquoters Limited has increased to 50,623 shares, representing 0.117% of the company's total voting capital. This marks an increase from his previous holding of 36,619 shares.

Holding Period: Number of Shares Percentage
Before Latest Acquisition: 36,619 0.084%
Shares Acquired: 14,004 0.032%
After Latest Acquisition: 50,623 0.117%

Promoter Group Holdings

The promoter group's collective shareholding pattern shows the following distribution after the acquisition:

Promoter Name: Shareholding Percentage
Suresh Kumar Poddar: 17,582,126 40.46%
Manav Poddar: 6,859,158 15.79%
Puja Poddar: 678,163 1.56%
Arun Bagaria: 332,645 0.77%
Kiran Poddar: 50,623 0.117%
Dolly Bagaria: 2,614 0.01%
Total Promoter Group: 25,505,329 58.70%

Company Capital Structure

Mayur Uniquoters Limited's equity share capital remains unchanged at Rs. 21,72,63,000, divided into 4,34,52,600 equity shares of Rs. 5 each. The company's shares are listed on both BSE Limited and National Stock Exchange of India Limited under scrip code 522249 and symbol MAYURUNIQ respectively. The total diluted share capital also stands at the same level, indicating no outstanding convertible securities or warrants.

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing confirms that Kiran Poddar belongs to the promoter/promoter group category and the acquisition did not involve any encumbrances, voting rights other than equity shares, or convertible instruments. The disclosure letter was submitted from Jaipur with proper documentation to both stock exchanges.

Historical Stock Returns for Mayur Uniquoters

1 Day5 Days1 Month6 Months1 Year5 Years
-2.86%-2.23%-6.36%-2.26%+7.87%+20.42%

Will the promoter group continue increasing their stake beyond the current 58.70% to strengthen control or prepare for any strategic initiatives?

How might this insider buying signal impact institutional investor sentiment and the stock's trading momentum in the coming quarters?

Could this acquisition be part of a broader consolidation strategy within the synthetic leather industry that Mayur Uniquoters operates in?

Mayur Uniquoters Appoints Puja Poddar as President-HR and Administration

2 min read     Updated on 02 Mar 2026, 12:07 PM
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Jubin VScanX News Team
AI Summary

Mayur Uniquoters Limited has appointed Mrs. Puja Poddar as President-HR and Administration and Senior Management Personnel effective March 02, 2026, following board approval through video conferencing. The appointment fulfills regulatory disclosure requirements under SEBI regulations, with formal communication sent to BSE and NSE. Mrs. Poddar, a company promoter and daughter-in-law of Chairman Suresh Kumar Poddar, brings five years of experience in color technology, artificial leather development, and international business engagements including work with Mercedes Benz.

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Mayur Uniquoters Limited has announced a key leadership appointment, naming Mrs. Puja Poddar as President-HR and Administration and Senior Management Personnel with effect from March 02, 2026. The appointment was formally approved by the company's Board of Directors during their meeting held on March 02, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance and Board Meeting Details

The company has fulfilled its regulatory disclosure obligations by informing BSE Limited and National Stock Exchange of India Limited about the appointment through reference MUL/SEC/2025-26/89 dated March 02, 2026. The Board of Directors convened through Video Conferencing and Other Audio Visual Means to deliberate on the appointment.

Parameter: Details
Meeting Date: March 02, 2026
Meeting Mode: Video Conferencing/OAVM
Meeting Duration: 11:00 A.M. to 11:40 A.M.
Effective Date: March 02, 2026
Position: President-HR and Administration
Regulatory Reference: MUL/SEC/2025-26/89

Professional Background and Expertise

Mrs. Puja Poddar brings substantial experience to her new role, having previously worked with Mayur Uniquoters Limited for approximately five years. Her expertise spans multiple critical areas including color technology and development, material innovation for artificial leather, and coated fabrics manufacturing. She has demonstrated proficiency in formulating premium grade materials that align with international quality standards and specifications.

Her professional experience encompasses cross-functional collaboration across Research & Development, Production, and Quality departments to ensure consistent product creation. Notably, she has represented the organization at international levels, including technical engagements with globally recognized companies such as Mercedes Benz, showcasing her communication and cross-cultural presentation skills.

Academic Qualifications and Certifications

Mrs. Poddar holds a Bachelor of Commerce (B.Com) degree from Sydenham College of Commerce & Economics, Mumbai. Beyond her formal education, she has pursued specialized certifications including becoming a Certified Health Coach from the Institute for Integrative Nutrition (IIN), New York, USA. Additionally, she is an Access Consciousness (USA) Practitioner, focusing on creating self-awareness.

Corporate Relationship and Governance

As part of the regulatory disclosure requirements under SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, the company has revealed that Mrs. Puja Poddar is a promoter of the company and serves as the daughter-in-law of Mr. Suresh Kumar Poddar, who holds the position of Chairman and Managing Director & CEO (DIN: 00022395) of Mayur Uniquoters Limited.

Role and Responsibilities

In her new capacity as President-HR and Administration, Mrs. Poddar will oversee the overall human resources and administration functions of the company in full-time employment. This appointment strengthens the company's leadership team and reflects its commitment to enhancing organizational capabilities in human resource management and administrative operations. The information has also been made available on the company's website at www.mayuruniquoters.com as per regulatory requirements.

Historical Stock Returns for Mayur Uniquoters

1 Day5 Days1 Month6 Months1 Year5 Years
-2.86%-2.23%-6.36%-2.26%+7.87%+20.42%

More News on Mayur Uniquoters

1 Year Returns:+7.87%