BSECompany Update6 Aug 2026 · 6 Aug 2026, 07:43 pm
Intimation under Regulation 30 of SEBI (LODR) Regulations 2015- Acqusition of shares by the Promoter and Promoter Group
Glen Industries Ltd · 544444
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Glen Industries Ltd's promoter group has acquired 44,400 shares from public shareholders, increasing their aggregate shareholding from 73.71% to 73.89% of the company's total paid-up equity share capital.
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Earnings Impact2/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Glen Industries Ltd - 544444 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
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August 6, 2026
BSE Ltd
P J Towers, Dalal Street
Mumbai – 400001
Symbol: GLEN, ISIN: INE0UMC01019, Series – EQ
Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Acquisition of Shares by Promoter and Promoter Group
Dear Sir/Madam,
The Promoter Group has acquired, from the public shareholders of the Company, 13,200
(Thirteen Thousand Two Hundred only) equity shares on August 5, 2026, for an aggregate
consideration of ₹14,43,744/- (Rupees Fourteen Lakh Forty-Three Thousand Seven Hundred
Forty-Four only) at the prevailing market price of ₹109.37 (Rupees One Hundred Nine and
Thirty-Seven Paise only) per equity share. Further, on August 6, 2026, the Promoter Group
acquired 31,200 (Thirty-One Thousand Two Hundred only) equity shares from the public
shareholders of the Company for an aggregate consideration of ₹35,22,840/- (Rupees
Thirty-Five Lakh Twenty-Two Thousand Eight Hundred Forty only) at the prevailing market
price of ₹112.91 (Rupees One Hundred Twelve and Ninety-One Paise only) per equity share.
Consequent to the aforesaid acquisition, the aggregate shareholding of the Promoter and
Promoter Group has increased from 73.71% to 73.89% of the total paid-up equity share capital
of the Company.
This acquisition has been carried out after ensuring compliance with the minimum public
shareholding requirements as prescribed under SEBI (Issue of Capital and Disclosure
Requirements) Regulations, 2018.
We request you to kindly take the above information on records.
Thanking you,
Yours faithfully,
For Glen Industries Limited
Shikha Sureka
Company Secretary and Compliance Officer