Westpac Investments increases stake in Getalong Enterprise to 43.07%

1 min read Updated on 07 Jul 2026, 10:45 PM

Reviewed by

Anirudha BScanX News Team

AI Summary

Westpac Investments Limited increased its stake in Getalong Enterprise Limited to 43.07% by acquiring 2,40,000 equity shares on July 7, 2026, at ₹7.56 per share via open market transactions. The acquisition was disclosed under SEBI Takeover and Insider Trading regulations.

*this image is generated using AI for illustrative purposes only.

Westpac Investments Limited, a promoter of getalong enterprise , increased its shareholding by acquiring 2,40,000 equity shares on July 7, 2026. The shares were purchased through open market transactions at a price of ₹7.56 per share. This acquisition raises the promoter's stake in the company to 43.07%, up from the previous holding of 41.94%.

Acquisition Details

The transaction involved the purchase of equity shares carrying voting rights. Prior to this acquisition, Westpac Investments Limited held 88,75,000 shares, representing 41.94% of the company's total voting capital. Following the purchase, the total holding stands at 91,15,000 shares.

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 acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Filings

In addition to the takeover regulations, the company also submitted a disclosure under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The necessary Form C was filed to report the change in shareholding by the promoter.

The following table summarizes the change in shareholding:

Description	Shareholding	Percentage of Total Paid-up Capital
Before Acquisition	88,75,000	41.94%
Shares Acquired	2,40,000	1.13%
After Acquisition	91,15,000	43.07%

The disclosures were submitted to BSE Limited by Harsha Vikram Jain, Managing Director of Getalong Enterprise Limited, and Rahul Vikram Jain, Director of Westpac Investments Limited.

Historical Stock Returns for Getalong Enterprise

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	-0.79%	+7.45%	-1.32%	-43.22%	-2.22%

Does this increase in promoter stake signal an upcoming open offer or a potential delisting strategy?

How will the market react to Westpac Investments' continued confidence in the company?

Are further share purchases expected from the promoter in the near future?

Read Next Article

Westpac Investments increases stake in Getalong Enterprise to 41.47%

1 min read Updated on 22 Jun 2026, 06:26 PM

Reviewed by

Riya DScanX News Team

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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.

*this image is generated using AI for illustrative purposes only.

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.