Pradeep Ganediwal Acquires 8.56 Lakh Equity Shares from Late Shri Ranchhod Prasad Ganediwal in Mid India Industries Ltd
Pradeep Ganediwal, a promoter of Mid India Industries Limited, has acquired 8,56,126 equity shares through the transmission process following the demise of Late Shri Ranchhod Prasad Ganediwal, another promoter of the company. The transfer of ownership occurred on June 11, 2026.The transaction involved the acquisition of these securities by Mr. Ganediwal from his late father, transforming the holding into his name. This completed transmission event is a key detail concerning the company's promoter group holdings.
Promoter Holding Details
As per the records, the details of the shareholding change are as follows:| Parameter | Detail |
|---|---|
| Company | Mid India Industries Limited |
| Acquirer Name | Pradeep Ganediwal (Promoter) |
| Shares Acquired | 8,56,126 Equity Shares |
| Mode of Acquisition | Transmission from Late Shri Ranchhod Prasad Ganediwal (Promoter) |
| Post-acquisition Total Holding | 3,224,126 Equity Shares |
The acquisition solidifies the promoter group's stake in Mid India Industries Limited. Pradeep Ganediwal holds the acquired shares following the transmission from Late Shri Ranchhod Prasad Ganediwal.
Stock Price Movement
Mid India Industries Ltd shares settled at ₹6.20 on Friday, showing no change from the previous close. The stock moved during the session within an intraday range spanning from a low of ₹5.90 to a high of ₹6.57.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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