Counter Cyclical Investments Reduces Shareholding in Evans Electric Ltd.
Counter Cyclical Investments Private Limited disclosed a change in its shareholding in Evans Electric Limited as of March 16, 2026, according to a filing. The portfolio manager, acting on behalf of its clients, held 315,000 shares, representing 5.74% of the total share/voting capital and 5.74% of the total diluted share/voting capital, prior to the disposal.The company disposed of 70,000 shares, decreasing its holding to 308,000 shares, which now represents 5.61% of the total share/voting capital and 5.61% of the total diluted share/voting capital. The disposal occurred via open market transactions on March 16, 2026.
Evans Electric Limited's equity share capital/total voting capital remained at 5,488,000 shares before and after the acquisition, while the total diluted share/voting capital of the company stands at 5,488,000 shares.
Parminder Pal Singh Bhatia, Director of Counter Cyclical Investments Private Limited, authorized the disclosure.
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