SANJEEV LUNKAD And Associates Acquire Shares in Wagend Infra Venture Ltd., Reaching Over 7% Stake
On June 22, 2026, SANJEEV LUNKAD, along with several associated persons acting in concert (PACs), acquired shares in Wagend Infra Venture Ltd. This acquisition brought the combined holding of the acquirer group to over 7.04% of the target company's capital.The group involved includes SANJEEV LUNKAD and the PACs: SNEHALUNKAD, RIDDHILUNKAD, RUSHANKSSLUNKAD, and SNEHJEEVVENTURESPVT.LTD. The acquisition was conducted through the Open Market.
Prior to this transaction, the acquirer group held 3,271,893 shares, representing a holding of 6.94% of the total share capital. The latest details concerning the company were reported on June 23, 2026.
The acquisition included the purchase of an additional 47,000 shares, which accounted for 0.10% of the target company's shareholding at the time of the transaction. Post-acquisition, the total holding stands at 3,318,893 shares, amounting to 7.04%.
The details related to Wagend Infra Venture Ltd. and the acquisition are summarized below:
| Detail | Description |
|---|---|
| Target Company | Wagend Infra Venture Ltd. |
| Acquirer | SANJEEV LUNKAD |
| Persons Acting in Concert (PACs) | SNEHALUNKAD, RIDDHILUNKAD, RUSHANKSSLUNKAD, SNEHJEEVVENTURESPVT.LTD. |
| Acquisition Date | 22-06-2026 (Date when 7% holding was crossed) |
| Mode of Acquisition | Open Market |
Before the acquisition, the target company's equity share capital stood at Rs. 4,71,25,000, comprising 47,12,500 Equity Shares of Rs. 10/- each. The acquirer group is not a Promoter or part of a Promoter group in relation to this acquisition.
Stock Price Movement
Wagend Infra Venture Ltd settled on Wednesday at ₹1.17, having ticked up 1.74%. The shares experienced intraday volatility, fluctuating between a low of ₹1.16 and a high of ₹1.19.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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