Satish Kumar Goyal Acquires 40.15% of O. P. Chains Ltd Through Inter-Se Share Transfer
O. P. Chains Limited has detailed a proposed inter-se transfer of equity shares, resulting in Satish Kumar Goyal acquiring a significant stake within the company. The transaction is set to take place on or after June 29, 2026.The acquisition involves the purchase of 2,750,100 equity shares by Satish Kumar Goyal from several members of the Promoter Group. This transfer accounts for 40.15% of the total equity share capital of O. P. Chains Limited. The proposed price for the shares is Rs. 30/- per share.
The acquisition details are summarized below:
| Transferor/Seller | Shares Disposed | % of Holding |
|---|---|---|
| Ashok Kumar Goyal | 1,382,000 | 20.1752% |
| Kusum Agarwal | 972,100 | 14.1912% |
| Moon Goyal | 246,000 | 3.5912% |
| Shobhik Goyal | 100,000 | 1.4599% |
| Mohit Goyyal | 50,000 | 0.7299% |
The shares were transferred to Satish Kumar Goyal (Transferee/Acquirer). The transaction is an inter-se transfer amongst the Promoter Group members of O. P. Chains Limited.
Regarding the shareholding structure, prior to the proposed acquisition, Ashok Kumar Goyal was listed as a seller in this transaction, holding 1,382,000 shares, representing 20.1752% of the company's equity. The disclosures confirmed that the aggregate holding of the Promoter and Promoter group remains unchanged both before and after this inter-se transaction.
Stock Price Movement
O. P. Chains Ltd. closed on Wednesday after shares dipped by 4.06%, settling at ₹29.75. The shares traded completely flat throughout the session, with the high and low matching the closing price.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.