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.
Source:
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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.