Minal Industries Limited has announced that Mr. Shrikant Jesinglal Parikh, a Promoter and Director, has acquired 31,933 equity shares of the company through open market transactions. This acquisition, which occurred on August 18, 2026, increased his total shareholding from 26,76,843 shares (1.39%) to 27,08,776 shares, representing approximately 1.41% of the company’s paid-up equity share capital.
Promoter Acquires Additional Stake
Minal Industries Limited has reported a significant acquisition of its equity shares by a key insider. Mr. Shrikant Jesinglal Parikh, who holds the dual role of Promoter and Director within the company, has increased his stake through open market transactions.
Details of the Transaction
The acquisition involved a total of 31,933 equity shares. This transaction took place on August 18, 2026. Following this purchase, Mr. Parikh’s overall shareholding in Minal Industries Limited has seen a notable increase.
Impact on Shareholding
Prior to this acquisition, Mr. Parikh held 26,76,843 equity shares, which constituted approximately 1.39% of the company’s paid-up equity share capital. Post-acquisition, his total shareholding now stands at 27,08,776 equity shares. This new holding represents approximately 1.41% of the total paid-up equity share capital of Minal Industries Limited. The increase in shareholding is approximately 0.02% of the paid-up equity share capital.
Source: BSE
