Promoter Group Member Acquires Shares in Mahasagar Travels Limited
Sukhwani Nitin B, a member of the promoter group, has acquired shares of Mahasagar Travels Limited. The acquisition involves 1,03,000 shares and represents 1.31% of the company's total diluted share/voting capital. This off-market transaction was completed on June 11, 2026.The acquisition details highlight a significant increase in the promoter group member's stake. Mr. Sukhwani Nitin B, along with associated Persons Acting in Concert (PAC), held 159,800 shares prior to the transaction, which constituted 2.03% of the company’s total share/voting capital.
Following the acquisition of 1,03,000 shares, the combined holding of Mr. Sukhwani Nitin B and PAC increased to 262,800 shares, translating to a stake of 3.34% in Mahasagar Travels Limited. The mode of this acquisition was specified as an off-market transfer.
The transaction also involved changes to the capital structure of Mahasagar Travels Limited. After the acquisition, the Equity share capital/total voting capital of the company rose to Rs. 7860, up from the previous amount at a face value of Rs. 10 per share. The total diluted share/voting capital after this acquisition is Rs. 7650, also increasing in value from the pre-acquisition stage.
Details concerning the acquisition and shareholder holdings are presented below:
| Holding Status | Acquirer Name | Stake (Shares) | Stake (%) |
|---|---|---|---|
| Before Acquisition (Acquirer + PAC) | Sukhwani Nitin B | 159,800 | 2.03% |
| Shares Acquired in Transaction | Sukhwani Nitin B | 1,03,000 | 1.31% |
| After Acquisition (Acquirer + PAC) | Sukhwani Nitin B | 262,800 | 3.34% |
Stock Price Movement
Mahasagar Travels Ltd shares settled at ₹5.54 on Monday, registering a drop of 3.48%.The stock traded within an intraday range marked by a high of ₹5.95 and a low of ₹5.54.
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