Prime Industries Limited has seen a substantial reduction in promoter shareholding. A group of promoters and Persons Acting in Concert (PACs), including Master Trust Limited, have disposed of approximately 19.95% of their total shareholding. This transaction, executed on September 11, 2026, via an open market sale, has reduced the combined promoter and PAC stake to 6.11%. The disposal involved 1,07,000 equity shares by Master Trust Limited.
Significant Promoter Share Disposal in Prime Industries
In a notable transaction impacting the ownership structure of Prime Industries Limited, a group of promoters and Persons Acting in Concert (PACs) have collectively disposed of approximately 19.95% of their total shareholding. The sale was conducted on September 11, 2026, through an open market transaction.
Impact on Shareholding
Following this disposal, the combined shareholding of promoters and PACs in Prime Industries Limited has been reduced to 6.11%. This significant reduction marks a shift in the company’s ownership dynamics. Among the entities involved in the disposal is Master Trust Limited, which sold 1,07,000 equity shares, representing 0.51% of the total diluted share capital, at a rate of Rs. 5/- per share.
Transaction Details
The total value of the shares disposed of amounts to approximately Rs. 10,50,17,000/-, equivalent to 2,10,03,400 equity shares. The sale was executed at a price of Rs. 5/- per share. This transaction underscores a strategic realignment of holdings by key stakeholders within Prime Industries Limited.
Source: BSE
