NewsOrders & DealsLalitha Ranka Acquires 1.05% Stake in Ganesh Holdings Limited Through Open Market PurchaseLalitha Ranka Acquires 1.05% Stake in Ganesh Holdings Limited Through Open Market Purchase
Lalitha Ranka has purchased 9,398 equity shares (1.05% of total paid-up share capital) of Ganesh Holdings Limited through an open market transaction. The shares have a face value of ₹10.00 each. The company's total equity share capital remains at ₹89.10 lakh, consisting of 8,91,000 shares. The acquisition was disclosed under SEBI's Substantial Acquisition of Shares and Takeovers Regulations.
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Lalitha Ranka has acquired a significant stake in Ganesh Holdings Limited through an open market purchase, as disclosed in a regulatory filing with the Bombay Stock Exchange. The acquisition represents a notable transaction under SEBI's substantial acquisition regulations.
Acquisition Details
The transaction involved the purchase of 9,398 equity shares of Ganesh Holdings Limited, each carrying a face value of ₹10.00. This acquisition represents 1.05% of the company's total paid-up share capital.
| Parameter | Details |
|---|---|
| Shares Acquired | 9,398 equity shares |
| Face Value per Share | ₹10.00 |
| Percentage of Paid-up Capital | 1.05% |
| Mode of Acquisition | Open Market |
Company Share Capital Structure
Ganesh Holdings Limited maintains a consistent equity share capital structure both before and after this acquisition. The company's total equity share capital stands at ₹89.10 lakh, representing 8,91,000 equity shares of ₹10.00 each.
| Capital Structure | Amount/Shares |
|---|---|
| Total Equity Share Capital | ₹89.10 lakh |
| Total Number of Shares | 8,91,000 shares |
| Face Value per Share | ₹10.00 |
Regulatory Compliance
The acquisition was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Lalitha Ranka filed the disclosure with the Bombay Stock Exchange one day after the completion of the transaction. The disclosure was also copied to the Compliance Officer of Ganesh Holdings Limited at their registered office in Malad-East, Mumbai.
Acquirer Information
Lalitha Ranka, based in Worli, Mumbai, completed this acquisition through open market purchase. The regulatory filing indicates that the acquirer holds no encumbered shares or voting rights other than those acquired through equity shares. No warrants, convertible securities, or other instruments that entitle the acquirer to receive shares carrying voting rights were involved in this transaction.
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