Umiya Holding Private Limited, a promoter group entity of Umiya Buildcon Limited, has increased its shareholding in the company through an open market transaction on June 17, 2025. Following the acquisition of 6,270 equity shares, Umiya Holding's stake in Umiya Buildcon Limited (formerly MRO-TEK Realty Limited) has risen from 34.01% to 34.04%.
Particulars | Details |
---|---|
Name of Target Company (TC) | Umiya Buildcon Limited (Formerly MRO-TEK Realty Limited) |
Name of Acquirer | Umiya Holding Private Limited |
Acquirer belongs to Promoter/Promoter group | Yes |
Date of Acquisition | June 17, 2025 |
Mode of Acquisition | Open Market |
Number of Equity Shares Acquired | 6,270 |
Percentage of Shares Acquired (of total voting capital) | 0.03% |
Shareholding Before Acquisition (Number of Shares) | 63,55,488 |
Shareholding Before Acquisition (% of total voting capital) | 34.01% |
Shareholding After Acquisition (Number of Shares) | 63,61,758 |
Shareholding After Acquisition (% of total voting capital) | 34.04% |
Total Paid-up Equity Share Capital of TC (Number of Shares) | 1,86,84,602 |
Scrip Codes | BSE: 532376; NSE: UMIYA-MRO |
Detailed Analysis of the Transaction
Umiya Holding Private Limited, which is part of the promoter group of Umiya Buildcon Limited, executed the purchase of 6,270 equity shares of Umiya Buildcon on Tuesday, June 17, 2025. This acquisition was carried out through open market purchases, as stated in the regulatory filing.
Prior to this transaction, Umiya Holding Private Limited held 63,55,488 equity shares in Umiya Buildcon, which translated to a 34.01% stake in the company's total equity share capital. The recent acquisition of 6,270 shares represents approximately 0.03% of Umiya Buildcon's total voting capital. With this addition, Umiya Holding's total shareholding in Umiya Buildcon has increased to 63,61,758 equity shares.
Consequently, its percentage shareholding in Umiya Buildcon now stands at 34.04% of the total and diluted share/voting capital. The total equity share capital of Umiya Buildcon Limited, both before and after this acquisition, remains unchanged at 1,86,84,602 shares. There were no warrants, convertible securities, or other instruments that would entitle the acquirer to receive shares carrying voting rights in the TC involved in this specific transaction beyond the equity shares acquired.
Regulatory Compliance and Disclosure
The disclosure regarding this acquisition was formally made to the stock exchanges, namely BSE Limited and the National Stock Exchange of India Limited, as well as to Umiya Buildcon Limited, on June 17, 2025. The intimation was signed by Aniruddha Bhanuprasad Mehta, Director of Umiya Holding Private Limited (DIN: 00720504).
This action is in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. These regulations are crucial for maintaining transparency in the Indian stock market, mandating disclosures by acquirers, promoters, and persons acting in concert when their shareholding or voting rights in a listed company change beyond specified thresholds. Specifically, Regulation 29(2) requires disclosure for any change in shareholding or voting rights if the acquirer (along with PACs) already holds between 25% and the maximum permissible non-public shareholding, even if the change is less than 2% of the voting rights. Given Umiya Holding's pre-existing stake of over 25%, this disclosure was mandatory.
Significance of Promoter Buying
An increase in shareholding by a promoter entity, such as Umiya Holding Private Limited in Umiya Buildcon Limited, is generally perceived by the market as a positive signal. It often indicates the promoter's reinforced confidence in the company's current operational strength, future growth prospects, and underlying value. Promoters, being insiders, possess an in-depth understanding of the company's affairs, and their decision to augment their stake can bolster investor sentiment.
While the quantum of this particular acquisition (0.03%) is relatively modest, it serves to slightly consolidate the promoter group's holding and underscores their continued commitment to the company. Such transactions are closely watched by investors and market analysts, as patterns of promoter buying or selling can be one of several indicators used in making investment decisions. However, it is always advisable for investors to consider such actions within the broader context of the company's fundamentals, industry trends, and overall market conditions before drawing any investment conclusions.
About the Companies
Umiya Buildcon Limited, the target company, was formerly known as MRO-TEK Realty Limited. Its equity shares are actively traded on both the BSE Limited (Scrip Code: 532376) and the National Stock Exchange of India Limited (Scrip Code: UMIYA-MRO). The company's registered office address mentioned in the filing is in Bengaluru, Karnataka.Umiya Holding Private Limited is the acquirer in this transaction and is classified as part of the promoter group of Umiya Buildcon Limited. The corporate office of Umiya Holding Private Limited is located at H M Strafford, Vasanth Nagar, Bangalore.