Manish Hariram Upadhya Acquires 0.23% of Target Company Shares as Part of Restructuring
Manish Hariram Upadhyaya, in connection with Lords Mark Industries Ltd., has completed the acquisition and allotment of shares amounting to 9,85,000 Equity Shares. This transaction represents 0.23 percent of the diluted share capital of the Target Company (TC).The shareholding details show that Manish Hariram Upadhyaya acquired these shares on November 21, 2025. The acquisition is part of a larger corporate process tied to a Resolution plan and scheme of amalgamation.
This transaction was executed pursuant to the resolution plan approved under Section 31 of the Insolvency and Bankruptcy Code, 2016, and the scheme and amalgamation were approved by the Hon'ble NCLT, Mumbai Bench vide order dated July 28, 2025. The price at which these shares were acquired was also determined pursuant to the approved Resolution plan and scheme of amalgamation.
The details of the acquisition are summarized as follows:
| Detail | Value |
|---|---|
| Acquirer Name | Manish Hariram Upadhyaya |
| Acquisition Date | November 21, 2025 |
| Shares Acquired | 9,85,000 Equity Shares |
| Percentage of TC Capital | 0.23% |
Lords Mark Industries Ltd., which is also mentioned in the transaction, was formerly known as Lords Mark India Limited and Kratos Energy & Infrastructure Limited.
Stock Price Movement
Lords Mark Industries Ltd settled at ₹669.70 on Thursday, rising 4.99% in shares. The stock remained locked and traded completely flat throughout the day, registering no movement between its intraday high and low.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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