Promoters Acquire Additional Shares in Om Power Transmission Limited on Open Market
Om Power Transmission Limited saw increased shareholding from its promoters following the purchase of equity shares by three key members of the promoter group across multiple transactions in June 2026. The acquisitions were executed on the open market, resulting in an increase in their respective stakes.Kalpesh Dhanjibhai Patel, a promoter, acquired additional equity shares of the company. Prior to this transaction, his holdings stood at 8,260,000 securities, representing 24.12% of the stock. Through the purchase, he increased his stake by acquiring 14,221 Equity Shares in the open market. This acquisition valued 26.01 Lakhs and resulted in his post-acquisition holding standing at 8,274,221 shares, equivalent to 24.16%.
Kanubhai Patel, also identified as a promoter, made a purchase of equity shares. His existing holding was documented as 8,260,000 Equity Shares (24.12%). Mr. Patel purchased 14,195 Equity Shares through the open market transaction, with the acquisition valued at 26.00 Lakhs. Following this purchase, his shareholding reached 8,274,195 shares, representing a stake of 24.16%.
Vasantkumar Narayanbhai Patel increased his commitment to the company by purchasing equity shares. His pre-transaction holding was 7,080,000 shares (20.67%). Mr. Patel acquired 12,347 Equity Shares in the open market transaction, for a value of 22.45 Lakhs. This acquisition resulted in his post-acquisition stake reaching 7,092,347 shares, corresponding to a holding of 20.71%.
The material transactions involving the promoter group members are summarized below:
| Promoter Name | Transaction Type | Shares Acquired | Value (Lakhs) | Prior Holding (%) | New Holding (%) |
|---|---|---|---|---|---|
| Kalpesh Dhanjibhai Patel | Buy | 14,221 | 26.01 | 24.12% | 24.16% |
| Kanubhai Patel | Buy | 14,195 | 26.00 | 24.12% | 24.16% |
| Vasantkumar Narayanbhai Patel | Buy | 12,347 | 22.45 | 20.67% | 20.71% |
OMPOWER Stock Price Movement
On Thursday, Om Power Transmission Limited shares shed 0.77%, settling at ₹182.46 following a decline of ₹1.42 from the previous close. The stock traded within a range of ₹179 to ₹184.9, with 99,658 shares transacted during the day.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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