Satish Kumar Goyal Acquires 40.15% Stake in O. P. Chains Ltd Through Inter-Se Share Transfer
O. P. Chains Limited has been subject to a significant inter-se transfer of equity shares involving members of its Promoter Group. The acquisition is being carried out by Satish Kumar Goyal from several entities within the Promoter Group, marking an intra-group transaction that affects the company's shareholding pattern.The proposed transaction, scheduled for On or after 29th Day of June, 2026, involves the transfer of a substantial number of shares to Satish Kumar Goyal. The acquisition comes from five members of the Promoter Group, including Ashok Kumar Goyal, Kusum Agarwal, Moon Goyal, Shobhik Goyal, and Mohit Goynal.
The total number of equity shares proposed to be acquired by Satish Kumar Goyal amounts to 2,750,100, which constitutes 40.15% of the total equity shares of O. P. Chains Limited. The purchase price for these shares is set at Rs. 30/- per share.
The detailed breakdown of the proposed acquisition from each transferor is provided in the table below:
| Transferor | Shares Proposed to be Transferred | Percentage 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 Goynal | 50,000 | 0.7299% |
The transaction is specifically noted as an inter-se transfer amongst members of the Promoter Group and falls under exemptions related to such acquisitions in the shareholding structure. The filing confirmed that the aggregate holding of the Promoter and Promoter group before and after this inter-se transaction remains unchanged.
Stock Price Movement
O. P. Chains Ltd saw shares decline 4.06% on Wednesday after settling at ₹29.75. The stock traded completely flat throughout the session, as its intraday high and low remained locked at that exact price point.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.