Promoters and Persons Acting in Concert (PACs) of Prime Industries Limited have divested a significant holding, selling 13,01,000 equity shares, representing approximately 19.95% of the company’s total shareholding. This transaction, executed via an open market sale on September 11, 2026, has reduced the collective promoter and PAC stake to 6.11%. The disclosure highlights a substantial change in the ownership structure.
Significant Promoter Share Sale
In a major development impacting the ownership structure of Prime Industries Limited, a substantial block of shares has been sold by the promoters and their associated Persons Acting in Concert (PACs). The disclosed transaction involves the sale of 13,01,000 equity shares, which accounts for approximately 19.95% of the total shareholding.
Transaction Details and Impact on Holdings
The sale was conducted through an open market transaction on September 11, 2026. Following this large-scale disposal, the combined shareholding of the promoters and PACs in Prime Industries Limited has seen a significant reduction, now standing at 6.11%. The details of the sale were officially communicated to the stock exchange, detailing the number of shares sold and the consequent change in ownership percentages.
Equity Capital and Share Value
The total equity share capital of Prime Industries Limited before this sale was stated as ₹10,50,17,000, representing 2,10,03,400 equity shares, each with a face value of ₹5. The total diluted share capital also remained consistent. This substantial sale marks a considerable shift in the promoter group’s stake in the company.
Source: BSE
