Pilak Rajendra Shah, along with Persons Acting in Concert (PAC), has increased his stake in Harsha Engineers International Limited to 8.01% of the total share/voting capital through an open market transaction on August 29, 2025. This acquisition was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Prior to the acquisition, the total shares carrying voting rights were 7,288,339, representing 8.01% of the total share/voting capital. Following the acquisition of 1,164 shares, the total shares carrying voting rights increased to 7,289,503, which is 8.01% of the total share/voting capital.
The acquirer belongs to the Promoter Group.
Details of Acquisition
| Particulars | Before Acquisition | After Acquisition |
|---|---|---|
| Shares carrying voting rights | 7,288,339 (8.01%) | 7,289,503 (8.01%) |
The acquisition was executed through the open market on August 29, 2025.
Before the acquisition, the equity share capital/total voting capital of Harsha Engineers International Limited was 91,044,105 Equity Shares of face value ₹10 each. After the acquisition, the equity share capital/total voting capital remains the same at 91,044,105 Equity Shares of face value ₹10 each.
The shares of Harsha Engineers International Limited are listed on both the BSE Limited and the National Stock Exchange of India Limited.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
