News Orders & Deals La-Tim Lifestyle & Resorts Increases Shareholding in La Tim Metal & Industries to 0.42%La-Tim Lifestyle & Resorts Increases Shareholding in La Tim Metal & Industries to 0.42%
La-Tim Lifestyle & Resorts Limited acquired 22,000 additional shares in La Tim Metal & Industries Limited through open market purchase on February 23, 2026. The transaction increased the company's shareholding from 5,28,399 shares (0.40%) to 5,50,399 shares (0.42%). The disclosure was made under SEBI takeover regulations by promoter Rahul Maganlal Timbadia, with the target company maintaining its existing equity structure of 13,06,30,626 shares of ₹1 each and 18,40,824 shares of ₹0.50 each.
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La-Tim Lifestyle & Resorts Limited has acquired additional shares in la tim metal & industries through open market purchase, increasing its shareholding position in the target company. The transaction was disclosed under SEBI takeover regulations on February 23, 2026.
Share Acquisition Details
The company purchased 22,000 shares of La Tim Metal & Industries Limited through open market transactions. This acquisition represents 0.017% of the total share capital and voting rights of the target company.
| Transaction Details: | Value |
|---|---|
| Shares Acquired: | 22,000 |
| Acquisition Method: | Open Market |
| Transaction Date: | February 23, 2026 |
| Percentage of Total Capital: | 0.017% |
Shareholding Position
Following the acquisition, La-Tim Lifestyle & Resorts Limited's total shareholding in La Tim Metal & Industries Limited has increased from 5,28,399 shares to 5,50,399 shares.
| Shareholding Summary: | Before Acquisition | After Acquisition |
|---|---|---|
| Total Shares Held: | 5,28,399 | 5,50,399 |
| Percentage Holding: | 0.40% | 0.42% |
| Voting Rights: | 0.40% | 0.42% |
Target Company Capital Structure
La Tim Metal & Industries Limited's equity share capital structure remains unchanged following the transaction. The company maintains a dual share structure with shares of different face values.
| Share Category: | Number of Shares | Face Value |
|---|---|---|
| Equity Shares: | 13,06,30,626 | ₹1.00 each |
| Equity Shares: | 18,40,824 | ₹0.50 each |
Regulatory Compliance
The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 2011. La-Tim Lifestyle & Resorts Limited, being part of the promoter group, is required to disclose such transactions to maintain transparency in shareholding patterns.
The disclosure was signed by Rahul Maganlal Timbadia, promoter of La-Tim Lifestyle & Resorts Limited, and submitted to BSE Limited where the target company's shares are listed. The acquisition involved fully paid-up shares with no encumbrances, voting rights through instruments other than shares, or convertible securities.
Historical Stock Returns for La Tim Metal & Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.11% | +6.51% | +28.00% | +44.56% | -13.35% | +158.94% |
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