Sanjeev Lunkad Crosses 5% Threshold in Purple Agrotech Industries Ltd Shares
Sanjeev Lunkad, along with Persons Acting in Concert (PAC), has acquired a significant stake in Purple Agrotech Industries Ltd, bringing their total shareholding to over 5% of the company's total capital. The acquisition was completed through open market transactions.The transaction involved the acquisition of 7,500 equity shares, which elevated the holding from 4.92% to 5.01%. The purchase was finalized on July 15, 2026, marking the date on which the holding crossed the 5% threshold.
Sanjeev Lunkad is the primary acquirer, with Rushank S. Lunkad, Sneha Lunkad, Riddhi Lunkad, and Snehjeev Ventures Pvt. Ltd. identified as Persons Acting in Concert (PAC). The acquirer does not belong to the promoter or promoter group of the company.
The financial details of the acquisition are outlined below:
| Category | Before Acquisition | Acquired | After Acquisition |
|---|---|---|---|
| Number of Shares | 425,358 | 7,500 | 432,858 |
| % of Total Share Capital | 4.92% | 0.09% | 5.01% |
| Mode of Acquisition | Open Market | Open Market | Open Market |
| Type of Security | Equity Shares | Equity Shares | Equity Shares |
The equity share capital and total voting capital of Purple Agrotech Industries Ltd remain unchanged following this transaction. The company maintains an equity share capital of Rs. 86,45,960, representing 8,64,596 equity shares with a face value of Rs. 10 each.
Stock Price Movement
Purple Agrotech Industries Ltd settled at ₹5.69 on Thursday after jumping 4.98%. Shares climbed steadily from a low of ₹5.45 to reach their intraday high of ₹5.69.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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