Priya Garg increases stake in Steel Strips Wheels
Priya Garg has disclosed a marginal increase in her holding of equity shares in Steel Strips Wheels Ltd (SSWL) through open market acquisition on February 25, 2025, in accordance with SEBI's Substantial Acquisition of Shares and Takeovers Regulations. The acquisition involved 28,000 shares of face value of Rs. 1 each. As a result, the total holdings of Priya Garg and promoter group increased from 95,693,537 shares to 95,721,537 shares, increasing the promoter and promoter group shareholding from 60.98% to 61.00%. Pre acquisition, Garg herself held 792,620 shares of face value Rs 1 each, representing 0.51% shareholding; this has increased to 820,620 or 0.53% shareholding. The filings detail the holdings of other members of the promoter group including Dheeraj Garg (29.57%), R K Garg (1.95%), Sunena Garg (3.57%), and various entities such as Sab Industries Limited and Chandigarh Developers Private Limited. Steel Strips Wheels, listed on both the BSE and NSE, has a total equity share capital of Rs. 156,929,325 divided into shares with a face value of Re. 1 each.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
News Alerts
Get instant email alerts when Steel Strips & Wheels publishes news
Free account required • Unsubscribe anytime