Supreme Industries: Promoter Acquires 3.17 Lakh Shares

The Supreme Industries Limited has filed a disclosure regarding the acquisition of equity shares by its Promoter and Executive Director, Shri Vijay Kumar Taparia. The transaction involved the acquisition of 3,17,398 equity shares through transmission. This update reflects a significant change in the shareholding structure of the company by a key insider. The disclosure adheres to SEBI (Substantial Acquisition of Share and Takeover) Regulations, 2011.

Key Shareholder Transaction

The Supreme Industries Limited has submitted a formal disclosure concerning a substantial acquisition of equity shares. The transaction, pertaining to 3,17,398 equity shares, was made by Shri Vijay Kumar Taparia, who serves as both a Promoter and Executive Director of the company. The acquisition was executed through the method of transmission of shares.

Regulatory Compliance

This disclosure has been made in compliance with Regulation 10 (6) of the SEBI (Substantial Acquisition of Share and Takeover) Regulations, 2011. The company is providing this information to the National Stock Exchange of India Ltd. and BSE Limited for their records. The details provided include the pre- and post-transaction shareholding of the acquirer. Mr. Vijay Kumar Taparia’s shareholding increased from 2,44,890 shares, representing 0.19% of the total share capital, to 5,62,288 shares, constituting 0.44% of the total share capital, post-acquisition.

Shareholding Details

Prior to this transaction, Mr. Vijay Kumar Taparia held 2,44,890 shares, which was 0.19% of the total share capital of The Supreme Industries Limited. Following the acquisition of 3,17,398 shares via transmission from the Late Shri Bajranglal Taparia, his total shareholding now stands at 5,62,288 shares, representing 0.44% of the diluted share capital.

Source: BSE

Previous Article

Sahara Housingfina: Issues AGM Notice and Annual Report Access Link

Next Article

Kranti Industries Ltd.: Receives SBI Notice for Corporate Guarantee Default