Westpac Investments Acquires Shares in Getalong Enterprise Ltd
M/s Westpac Investments Limited increased its stake in Getalong Enterprise Limited on June 15, 2026, through an open market acquisition. The transaction saw M/s Westpac Investments Limited acquire shares of the company at a price of Rs. 7.00 per share.The acquisition resulted in M/s Westpac Investments Limited's holding rising from 38.14% to 39.96%. This change in stake reflects the purchase of Equity Shares in Getalong Enterprise Limited through an open market transaction on June 15, 2026.
Changes in Stake and Holdings
Prior to the acquisition, M/s Westpac Investments Limited held a combined holding of 80,70,000 shares (38.14%) along with Persons Acting in Concert (PACs).Following the open market acquisition of Equity Shares by M/s Westpac Investments Limited, their total holding increased to 84,55,000 shares, representing 39.96% of the company's voting capital.
Key details regarding the pre and post-acquisition status of the securities are detailed below:
| Category | Before Acquisition (Westpac + PAC) | After Acquisition (Westpac + PAC) |
|---|---|---|
| Shares Carrying Voting Rights | 80,70,000 (38.14%) | 84,55,000 (39.96%) |
| Total Equity Share Capital of TC before acquisition | INR 2,11,60,000 (divided into 2,11,60,000 shares of INR 1 each) | |
| Mode of Acquisition | Open Market |
The transaction involved the purchase of Equity Shares in the open market. The company's total equity share capital remained at INR 2,11,60,000, comprising 2,11,60,000 equity shares of INR 1 each after the acquisition.
Stock Price Movement
At the close of trade today, Getalong Enterprise Ltd settled at ₹7.00, gaining +7.69%. Throughout the session, shares moved within a narrow intraday range, trading between a low of ₹6.95 and a high of ₹7.00.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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