Enbee Trade & Finance Ltd Acquires Shares in Target Company via Open Market
Enbee Trade & Finance Limited successfully acquired shares in a target company through an open market transaction, according to details provided regarding the holding and disposition of securities. MEYHUL GAALA, acting as part of the Promoter Group, executed the acquisition on behalf of Enbee Trade & Finance Ltd.The acquisition spanned from June 29, 2026, to June 30, 2026, utilizing the open market mode.
Before the transaction, MEYHUL GAALA held 1,16,69,300 shares, representing 1.67% of the total voting capital of the target company. This holding was noted against a total equity share capital of 697,286,312.
The acquisition process resulted in the complete disposition of these securities. Following the transaction, the number of shares held by MEYHUL GAALA was zero, reflecting a zero percent holding. The overall diluted share/voting capital of the target company remained at 697,286,312 after the sale.
The status of the acquisition and resulting holdings are summarized in the table below:
| Stage | Shares Held (Quantity) | Percentage of Holding |
|---|---|---|
| Before Acquisition | 1,16,69,300 | 1.67% |
| After Acquisition | 0 | 0% |
The transaction details were conducted by MEYHUL GAALA from the Promoter Group on the specified dates, leading to the complete divestment of the securities.
Stock Price Movement
As of 11:23, Enbee Trade & Finance Ltd. shares are edging higher, currently priced at ₹0.31 after reflecting a significant 6.90% surge. The stock remains completely flat as its price has held steady throughout the session, trading within the tight range of ₹0.31.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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