BSECompany Update25 Aug 2026 · 25 Aug 2026, 07:18 pm
Announcement under Regulation 30 (LODR) - Update on Acquistion
Glen Industries Ltd · 544444
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Glen Industries Ltd has informed about the acquisition of shares by its promoter and promoter group, increasing their aggregate shareholding from 74.21% to 74.23% of the total paid-up equity share capital.
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Earnings Impact5/10
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Governance Concern1/10
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Market Sentiment5/10
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Glen Industries Ltd - 544444 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
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August 25, 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), forming part of the
Promoter Group, has acquired 3,600 (Three Thousand Six Hundred only) equity shares,
aggregating to ₹4,23,900/- (Rupees Four Lakh Twenty-Three Thousand Nine Hundred only), at
the prevailing market price of ₹117.75/- (Rupees One Hundred Seventeen and Seventy-Five
Paise only) per equity share on August 24, 2026, from the public shareholders of the Company.
Further, on August 25, 2026, Lalit Agrawal (HUF) has acquired 1,200 (One Thousand Two
Hundred only) equity shares, aggregating to ₹1,44,000/- (Rupees One Lakh Forty-Four
Thousand only), at the prevailing market price of ₹120/- (Rupees One Hundred Twenty only)
per equity share from the public shareholders of the Company.
Consequent to the aforesaid acquisitions, the aggregate shareholding of the Promoter and
Promoter Group has increased from 74.21% to 74.23% of the total paid-up equity share capital
of the Company. The acquisitions have been carried out after ensuring compliance with the
applicable Minimum Public Shareholding requirements.
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