Eskay Aluminium Pvt Ltd has disclosed its acquisition of approximately 0.11% of the total share capital and voting rights in Sacheta Metals Ltd. The disclosure, made under SEBI’s Substantial Acquisition of Shares and Takeovers Regulations, 2011, details the transaction which occurred on September 4, 2026. The acquisition was made through the open market route, with Eskay Aluminium’s holding increasing to 131,429 shares, representing 0.11% post-transaction.
Eskay Aluminium Acquires Stake in Sacheta Metals
Eskay Aluminium Pvt Ltd has formally announced the substantial acquisition of shares and voting rights in Sacheta Metals Ltd. This disclosure, made in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, highlights a strategic move by Eskay Aluminium into the metals sector.
Transaction Details
The acquisition involved the purchase of 217 shares carrying voting rights in Sacheta Metals Ltd. Following this transaction, Eskay Aluminium’s total holding in Sacheta Metals stands at 131,429 shares, which represents approximately 0.11% of the company’s total share capital and 0.11% of its voting capital. The transaction was executed on September 4, 2026, via the open market route. Prior to this acquisition, Eskay Aluminium held 131,212 shares, also representing 0.11% of the total share and voting capital.
Sacheta Metals Financials
The disclosure also provides details regarding Sacheta Metals Ltd’s equity share capital. As of the transaction date, the company’s total equity share capital was Rs. 25,00,00,000/-, divided into 12,50,00,000 equity shares of Rs. 2/- each. This capital structure remained unchanged post-acquisition, with the diluted share and voting capital also standing at Rs. 25,00,00,000/-.
Source: BSE