BSECompany Update27 Aug 2026 · 27 Aug 2026, 07:20 pm
Announcement under Regulation 30- Updates on Acquisition
Glen Industries Ltd · 544444
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Glen Industries Ltd has informed the exchange that Lalit Agrawal (HUF), part of the Promoter Group, has acquired 16,800 equity shares at ₹124.54 and ₹120.60 per share, increasing the aggregate shareholding of the Promoter and Promoter Group from 74.23% to 74.30% of the total paid-up equity share capital.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment6/10
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Glen Industries Ltd - 544444 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
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August 27, 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 15,600 (Fifteen Thousand Six Hundred only) equity shares,
aggregating to ₹19,42,824 /- (Rupees Nineteen Lakh Forty-Two Thousand Eight Hundred
Twenty-Four only), at the prevailing market price of ₹124.54/- (Rupees One Hundred
Twenty-Four and Fifty-Four Paise only) per equity share on August 26, 2026, from the public
shareholders of the Company.
Further, on August 27, 2026, Lalit Agrawal (HUF) has acquired 1,200 (One Thousand Two
Hundred only) equity shares, aggregating to ₹1,44,720/- (Rupees One Lakh Forty-Four
Thousand Seven Hundred Twenty only), at the prevailing market price of ₹120.60/- (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 74.23% to 74.30% 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