Promoter Rajendra Sethia Acquires Shares in Western Carriers (India) Ltd
Rajendra Sethia, the Promoter and Chairman and Managing Director of Western Carriers (India) Limited, acquired 16,585 equity shares through the open market. This acquisition represents 0.016% of the total issued and paid-up share capital of the company.The transaction took place on June 05, 2026. The purchase involved acquiring shares with a face value of Rs. 5/- each.
Prior to this acquisition, Mr. Sethia held 7,41,91,020 equity shares, which constituted 72.768% of the company's total issued and paid-up share capital and voting rights.
Following the purchase, his holding increased to 7,42,07,605 shares, corresponding to a stake of 72.784%.
Key financial details regarding this acquisition are presented below:
| Metric | Before Acquisition | After Acquisition |
|---|---|---|
| Acquirer | Rajendra Sethia (Promoter) | Rajendra Sethia (Promoter) |
| Shares Acquired | N/A | 16,585 |
| % of Total Issued Capital | N/A | 0.016% |
| Acquirer's Holding | 7,41,91,020 shares (72.768%) | 7,42,07,605 shares (72.784%) |
| Total Voting Capital of the Company | 10,19,55,213 Equity shares capital of INR 5/- each | 10,19,55,213 Equity shares capital of INR 5/- each |
WCIL Stock Price Movement
On Friday, stock of Western Carriers (India) Limited edged higher, gaining 2.98% to close at ₹96.08. The equity traded during the session within a range defined by the day's low of ₹93.81 and a high of ₹96.8.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.