Babita Garg acquires 7,000 shares in Riba Textiles Ltd through open market purchase
Babita Garg has acquired 7,000 equity shares of Riba Textiles Limited in the open market. This acquisition resulted in her holding increasing from 4,44,454 to 4,51,454 shares.The transaction details specify that Babita Garg, who belongs to the promoter group and is identified as a Person Acting in Concert (PAC) with the acquirer, acquired the shares on June 9, 2026. The mode of acquisition was Open Market.
Pre-acquisition, her holding stood at 4,44,454 shares, representing 4.60% of the total share/voting capital of Riba Textiles Limited. Following the purchase of 7,000 shares, her total holding increased to 4,51,454 shares, which translates to 4.67% of the company.
The total equity share capital and voting capital of Riba Textiles Limited remained consistent at 96,52,870 Equity Shares of Rs. 10 each before and after this acquisition.
Details regarding Babita Garg's holding in Riba Textiles Ltd:
| Metric | Pre-Acquisition Holding | Post-Acquisition Holding |
|---|---|---|
| Shares Carrying Voting Rights | 4,44,454 | 4,51,454 |
| Percentage of Total Share/Voting Capital | 4.60% | 4.67% |
The acquisition was recorded on June 9, 2026.
Stock Price Movement
Riba Textiles Ltd shares closed down slightly on Wednesday, settling at ₹69.38, representing a 0.44% decline. The stock showed significant intraday movement, trading between a low of ₹67.15 and a high of ₹73.80.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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