Promoter Shyamsundar Rathi has acquired 3,90,500 equity shares in Vidya Wires Limited, an open market transaction that concluded on November 13, 2026. This acquisition has increased his total holding, along with Persons Acting in Concert (PACs), from 32.21% to 32.39% of the total share capital. The transaction involved an open market purchase, and the acquirer continues to be a promoter of the target company.
Promoter Stake Increase in Vidya Wires
Shyamsundar Rathi, identified as a promoter and acquirer, has increased his shareholding in Vidya Wires Limited through an open market transaction. The disclosure, filed under Regulation 29(1) and 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, details the acquisition of an additional 3,90,500 equity shares.
Transaction Details
The shares were acquired on various dates, with the latest acquisition date being November 13, 2026. Prior to this acquisition, Shyamsundar Rathi and his PACs held 6,85,09,500 shares, representing 32.21% of the total voting share capital. Following the acquisition, their combined holding now stands at 6,89,00,000 shares, which amounts to 32.39% of the total share capital. The acquisition was made through the Open Market.
Company and Share Capital Information
Vidya Wires Limited is the target company. The total equity share capital of the company remains unchanged at Rs. 21,26,92,307/-, divided into 21,26,92,307 equity shares of Re. 1/- each. The company is listed on both the BSE Limited and the National Stock Exchange of India Limited.
Source: BSE
