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HomeNewsBusinessStocksMillars Machinery Acquires 0.06% Stake in GMM Pfaudler

Millars Machinery Acquires 0.06% Stake in GMM Pfaudler

Millars Machinery Acquires 0.06% Stake in GMM Pfaudler

September 02, 2025 / 16:04 IST
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Promoter Group entity, Millars Machinery Company Pvt. Ltd., executes inter-se transfer, acquiring 25,000 equity shares of GMM Pfaudler Limited.

The transaction, representing 0.06% of the total paid-up share capital, was completed on August 28, 2025, via an off-market transfer from Mrs. Pragna Patel, according to a regulatory filing.

The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.

Details of Acquisition:

The acquisition reflects a shift in shareholding between Millars Machinery Company Private Limited and Pragna Patel.

 

  • Pragna Patel's stake decreased by 25,000 shares, a reduction of 0.06%.
  • Millars Machinery Company Private Limited's stake increased by 25,000 shares, an increase of 0.06%.

 

Shareholding Before Acquisition:

 

Shareholding Before Acquisition
ShareholderNumber of Shares% w.r.t. Total Share Capital% w.r.t. Total Diluted Share Capital
Pragna Patel48,4800.110.11
Millars Machinery Company Private Limited43,36,3579.659.65
Persons acting in concert69,35,44615.4215.42
Total1,13,20,28325.1825.18

 

Shareholding After Acquisition:

 

Shareholding After Acquisition
ShareholderNumber of Shares% w.r.t. Total Share Capital% w.r.t. Total Diluted Share Capital
Pragna Patel23,4800.050.05
Millars Machinery Company Private Limited43,61,3579.719.71
Persons acting in concert69,35,44615.4215.42
Total1,13,20,28325.1825.18

 

The transaction does not alter the overall Promoter and Promoter Group shareholding in GMM Pfaudler.

GMM Pfaudler's equity share capital remains at ₹8.99 Crores, comprising 4,49,57,224 equity shares with a face value of ₹2 each, both before and after the acquisition.

The disclosure was signed by Tarak Patel, Authorized Signatory, on behalf of Millars Machinery Company Private Limited.

CIN: U29240MH1971PTC015240.

Alpha Desk
first published: Sep 2, 2025 04:03 pm

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