Westpac Investments increases stake in Getalong Enterprise to 41.47%

1 min read     Updated on 22 Jun 2026, 06:26 PM
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Westpac Investments Limited, a promoter of Getalong Enterprise Limited, acquired 3,20,000 equity shares on June 22, 2026, at ₹8.10 per share via open market transactions. This acquisition increased the promoter's holding from 39.96% to 41.47% of the total paid-up share capital of the company. The disclosures were submitted to BSE 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 , has increased its shareholding in the company through an open market acquisition. On June 22, 2026, the entity purchased 3,20,000 equity shares at a price of ₹8.10 per share. This transaction has raised the promoter's stake in Getalong Enterprise Limited to 41.47%, up from a previous holding of 39.96%.

The acquisition was disclosed to BSE Limited under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to this purchase, Westpac Investments Limited held 84,55,000 shares, which represented 39.96% of the company's total voting capital. Following the acquisition, the total holding stands at 87,75,000 shares.

In compliance with regulatory requirements, the company also filed a disclosure under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The filing confirmed that the mode of acquisition was the market route, executed on the BSE platform.

The total 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 transaction value for the acquisition amounted to ₹25,92,000, excluding taxes and brokerage charges.

Shareholding Details

Description Number of Shares Percentage of Total Share Capital
Holding before acquisition 84,55,000 39.96%
Shares acquired 3,20,000 1.51%
Holding after acquisition 87,75,000 41.47%

Historical Stock Returns for Getalong Enterprise

1 Day5 Days1 Month6 Months1 Year5 Years
+1.25%+16.05%+74.95%+6.58%-47.37%+5.61%

Does this increase in promoter stake signal an intention to launch an open offer to acquire a majority controlling interest?

How will the market interpret this confidence from the promoter regarding the company's future performance?

Is Westpac Investments Limited planning to further increase its shareholding in the near term?

Getalong Enterprise promoter increases stake to 4.79%

1 min read     Updated on 18 Jun 2026, 08:45 PM
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AI Summary

Mrs. Sweety Rahul Jain, a promoter and director of Getalong Enterprise Limited, acquired 5,000 equity shares on June 18, 2026, at ₹8.00 per share via open market transactions. This purchase increased her total holding to 10,15,000 shares, representing 4.79% of the company's total paid-up equity share capital. The disclosures were submitted to BSE Limited under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and SEBI (Prohibition of Insider Trading) Regulations, 2015.

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Mrs. Sweety Rahul Jain, a promoter and director of getalong enterprise , increased her shareholding in the company by acquiring 5,000 equity shares on June 18, 2026. The transaction was executed on the open market at a price of ₹8.00 per share, amounting to a total consideration of ₹40,000. Following this acquisition, her stake in the company has risen to 4.79% of the total paid-up equity share capital.

The company's equity share capital stands at INR 2,11,60,000, divided into 2,11,60,000 equity shares of INR 1 each. Prior to the acquisition, Mrs. Jain held 10,10,000 shares, accounting for 4.77% of the capital. The additional purchase of 5,000 shares, representing 0.02% of the total capital, has brought her total holding to 10,15,000 shares.

Regulatory Disclosures

Getalong Enterprise Limited submitted the necessary disclosures to BSE Limited regarding this change in shareholding. The filings were made in compliance with 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.

Harsha Vikram Jain, Managing Director of Getalong Enterprise Limited, confirmed the receipt of the disclosure from the promoter. The company has ensured that the information was recorded and acknowledged by the stock exchange. The acquirer confirmed that there were no other transactions involving warrants, convertible securities, or encumbrances reported during this period.

Shareholding Details

The following table outlines the changes in Mrs. Sweety Rahul Jain's shareholding:

Description Number of Shares Percentage of Share Capital
Holding before acquisition 10,10,000 4.77%
Shares acquired 5,000 0.02%
Holding after acquisition 10,15,000 4.79%

The transaction was classified as a market purchase on the BSE. The disclosures confirm that the mode of acquisition was through the open market, and the securities acquired were equity shares of the target company.

Historical Stock Returns for Getalong Enterprise

1 Day5 Days1 Month6 Months1 Year5 Years
+1.25%+16.05%+74.95%+6.58%-47.37%+5.61%

Does this acquisition signal a potential trend of further promoter stake increases in the near future?

How might the market interpret this insider buying regarding the company's upcoming financial performance?

Will other promoters or key management personnel follow suit with similar open market purchases?

More News on Getalong Enterprise

1 Year Returns:-47.37%