M/s Westpac Investments Limited Acquires 1,00,000 Shares of Getalong Enterprise Ltd
M/s Westpac Investments Limited, a promoter of Getalong Enterprise Ltd, has acquired an additional 1,00,000 Equity Shares of the target company. The acquisition was completed on July 1, 2026, with the shares being purchased at Rs 7.95 per share.The transaction saw M/s Westpac Investments Limited increase its stake in Getalong Enterprise Ltd. The acquirer is categorized as a promoter of the company and the acquisition mode was through the open market.
Prior to this acquisition, the holding of M/s Westpac Investments Limited stood at 87,75,000 shares, which represented 41.47% of the total voting capital. Following the purchase of 1,00,000 Equity Shares, the company's post-acquisition stake increased to 88,75,000 shares, corresponding to 41.94% of the total diluted share/voting capital.
The financial details regarding M/s Westpac Investments Limited and Getalong Enterprise Ltd are summarized in the table below:
| Metric | Before Acquisition | After Acquisition |
|---|---|---|
| Shares Carrying Voting Rights | 87,75,000 | 88,75,000 |
| Percentage Holding | 41.47% | 41.94% |
| Total Voting Capital of Company | INR 2,11,60,000 | INR 2,11,60,000 |
The shares acquired were Equity Shares of Getalong Enterprise Ltd. The mode of acquisition was open market.
Stock Price Movement
Getalong Enterprise Ltd shares settled at ₹7.95 on Wednesday, edging higher after recording a 3.25% gain. The stock remained completely flat throughout the trading session, with the intraday high and low both locked at ₹7.95.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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