Westpac Investments increases stake in Getalong Enterprise to 39.96%
Westpac Investments Limited, a promoter of Getalong Enterprise Limited, acquired 3,85,000 equity shares via open market transactions on June 15, 2026, at a price of ₹7.00 per share. Following this acquisition, the promoter's holding in the company increased from 38.14% to 39.96%. The disclosures were submitted under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and SEBI (Prohibition of Insider Trading) Regulations, 2015.

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Westpac Investments Limited, a promoter of getalong enterprise , increased its shareholding by acquiring 3,85,000 equity shares on June 15, 2026. The acquisition was executed through open market purchases at a price of ₹7.00 per share, raising the promoter's stake in the company to 39.96%.
The transaction involved two separate tranches: 2,00,000 equity shares and 1,85,000 equity shares, both purchased at ₹7.00 per share. Prior to this acquisition, Westpac Investments Limited held 80,70,000 shares, representing 38.14% of the total share capital. Post-acquisition, the holding stands at 84,55,000 shares.
The disclosures were submitted to BSE Limited under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The filings confirmed that the acquirer belongs to the promoter group of the target company.
The equity share capital of Getalong Enterprise Limited remains INR 2,11,60,000, divided into 2,11,60,000 equity shares of INR 1 each. The total diluted share capital remains unchanged following the transaction.
Details of Acquisition
| Parameter | Details |
|---|---|
| Acquirer | Westpac Investments Limited |
| Target Company | Getalong Enterprise Limited |
| Mode of Acquisition | Open Market |
| Date of Acquisition | June 15, 2026 |
| Shares Acquired | 3,85,000 |
| Price per Share | ₹7.00 |
| Pre-acquisition Holding | 38.14% (80,70,000 shares) |
| Post-acquisition Holding | 39.96% (84,55,000 shares) |
The filings were signed by Rahul Vikram Jain, Director of Westpac Investments Limited, and Harsha Vikram Jain, Managing Director of Getalong Enterprise Limited.
Historical Stock Returns for Getalong Enterprise
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +7.69% | +50.54% | +51.19% | -7.89% | -54.52% | -8.74% |
Does this increase in promoter stake signal an upcoming delisting or a potential open offer?
How will the market react to the promoter's confidence given the flat acquisition price of ₹7.00?
Does Westpac Investments plan to further increase its holding to cross the 40% threshold?
































