BSECompany Update21 Aug 2026 · 21 Aug 2026, 07:14 pm
Announcement Under Regulation 30 (LODR) - Update on Acquisition
Glen Industries Ltd · 544444
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Glen Industries Ltd has announced that Lalit Agrawal (HUF), part of the Promoter Group, has acquired 9600 equity shares at ₹121.50 each from public shareholders, increasing the aggregate shareholding of the Promoter and Promoter Group to 74.21% of the total paid-up equity share capital.
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Governance Concern2/10
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Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10
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Glen Industries Ltd - 544444 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
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August 21, 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,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we wish to inform you that Lalit Agrawal (HUF), which is part of the
Promoter Group, has acquired 6000 (Six Thousand only) equity shares, aggregating to
₹7,29,000/- (Rupees Seven Lakh Twenty Nine Thousand only), at the prevailing market price
of ₹121.50/- (Rupees One Hundred Twenty One and Fifty Paise only) each on August 20,
2026, from the public shareholders of the Company.
Further, on August 21, 2026, Lalit Agrawal (HUF), which is part of the Promoter Group, has
acquired 3600 (Three Thousand Six Hundred only) equity shares, aggregating to ₹4,37,400/-
(Rupees Four Lakh Thirty Seven Thousand Four Hundred only), at the prevailing market price
of ₹121.50/- (Rupees One Hundred Twenty One and Fifty Paise only) each from the public
shareholders of the Company.
Consequent to the aforesaid acquisitions, the aggregate shareholding of the Promoter and
Promoter Group has increased from 74.17% to 74.21% of the total paid-up equity share capital
of the Company. These acquisitions have 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