Mayur Leather Products Ltd Sells 6,00,000 Shares of Target Company in Share Disposal Transaction
A transaction involving Mayur Leather Products Limited saw the sale of 6,00,000 equity shares in the target company. The details reflect a significant shift in ownership structure for one of the associated shareholders.The acquisition and subsequent disposition of these shares occurred on June 12, 2026. This transaction affected the shareholding profile concerning Mayur Leather Products Limited.
Before the sale, the holding stood at 6,86,100 shares, representing 14.19% of the total diluted share capital. Following the acquisition and sale of the shares, the holding was reduced to 8,61,000 shares, equating to 1.78%.
The transaction details and changes in equity structure are summarized below:
| Shareholding Metric | Before Sale | Transaction Details | After Sale |
|---|---|---|---|
| Shares Carrying Voting Rights | 6,86,100 (14.19%) | Shares Sold: 6,00,000 (12.41% of total diluted share capital) | 8,61,000 (1.78%) |
| Total Diluted Share/Voting Capital | 48348000 (based on 4834800 equity shares of Rs. 10 each) | N/A | 48348000 (based on 4834800 equity shares of Rs. 10 each) |
The sale constituted a move by the associated shareholder, reducing their stake in the target company significantly. The mode of this acquisition and sale was identified as inter-se transfer.
Stock Price Movement
As of 12:08, Mayur Leather Products Ltd is edging higher at ₹19.61, representing a strong nine-point-nine eight percent gain on the shares. These shares are currently trading completely flat, with the intraday high and low both locked at the ₹19.61 mark.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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