Neha Agarwal Acquires 18.43% Stake in India Cements Capital Ltd Through Off-Market Purchase
Neha Agarwal has acquired a significant stake in India Cements Capital Limited through an off-market purchase of equity shares. The acquisition represents a substantial increase in her holding within the company.The details provided regarding the transaction show that Neha Agarwal, acting as the acquirer, acquired 40,00,000 shares carrying voting rights in India Cements Capital Limited. This acquisition corresponds to a 18.43% stake in the target company. Additionally, 40,00,000 shares were held by the acquirer under encumbrance.
The mode of acquisition for these shares was identified as an off-market purchase.
Transaction Details Summary
| Particular | Detail |
|---|---|
| Target Company Name | India Cements Capital Limited |
| Acquirer Name | Neha Agarwal |
| Shares Acquired (voting rights) | 40,00,000 |
| Percentage of Acquisition | 18.43% |
| Shares Encumbered by Acquirer | 40,00,000 |
| Mode of Acquisition | Off-market purchase |
Post-Acquisition Holding and Company Capital
Following the acquisition, Neha Agarwal's holding stands at 40,00,000 shares, constituting 18.43% of the company. The target company, India Cements Capital Limited, possesses an equity share capital and total voting capital amounting to Rs. 21,70,62,000 (2,17,06,200 Equity Shares of Rs. 10/-each).The data indicates that the acquisition was completed on July 17, 2026, which is also noted as the date of intimation or allotment and share snare for the transaction.
Stock Price Movement
As of 12:24 PM, India Cements Capital Ltd is ticking up sharply in the market, currently trading at ₹17.04 after rising by 4.99%.The shares have seen movement within a tight range today, touching an intraday low of ₹17.00 and reaching a high of ₹17.04.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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