Promoter Members Acquire Equity in Emerald Tyre Manufacturers Limited Stock
Promoter members and group representatives executed acquisitions of equity shares in Emerald Tyre Manufacturers Limited, reflecting continued involvement by promoter stakeholders. The transactions included market purchases conducted by V.T. Chandrasekaran (Promoter) and two other members of the Promoter Group, as reported on June 18, 2026.V.T. Chandrasekaran, identified as a Promoter, acquired equity shares through a market purchase totaling Rs. 19,95,147.54/-. The acquisition saw his holding increase from 68,71,948 shares (35.28%) to 68,97,148 shares, representing a stake of 35.36%. This transaction took place on June 17, 2026.
In addition to Mr. Chandrasekaran’s significant purchase, two other members of the Promoter Group made acquisitions in the company's stock. The details of these transactions, including share holdings and value, are presented below:
| Name / Category | Acquisition Date | Shares Acquired | Value (Rs.) | Post-Acquisition Holding % |
|---|---|---|---|---|
| Anushri Chandrasekaran (Promoter Group) | June 11, 2026 | 1,200 | 97,695/- | 0.006% |
| Radhai Chandhrasekaran (Promoter Group) | June 15, 2026 | 1,200 | 93,787.20/- | 0.006% |
These acquisitions were executed through market purchases on the National Stock Exchange (NSE). The reported activities by Ms. Anushri Chandrasekaran and Mr. Radhai Chandrasekharan are individually below the specified threshold. However, due to the aggregate value of transactions undertaken by V. T. Chandrasekaran and the Promoter Group exceeding ₹10,00,000, all corresponding transactions were included in the reported data.
ETML Stock Price Movement
Emerald Tyre Manufacturers Limited shares slipped today, settling at ₹82.2 after the stock shed ₹0.60, reflecting a 0.72% decline. The equity traded with a volume of 16,800 shares during the session.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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