Essel Mining Acquires 10,000 Shares of Pilani Investment
Pilani Investment and Industries Corporation Limited has received disclosures regarding the acquisition of equity shares by Essel Mining & Industries Limited. Pursuant to Regulation 7(1)(b) of the SEB...
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Why is Pilani Investment and Industries Corporation Limited in the news today?
Pilani Investment and Industries Corporation Limited (PILANIINVS) is in the news due to the announcement is a routine disclosure of share acquisition by a promoter group entity as per sebi regulations, with no immediate positive or negative implications for the company's operations or financials.
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Essel Mining Acquires 10,000 Shares of Pilani Investment
December 30, 2025, 10:41 AM
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Pilani Investment and Industries Corporation Limited has received disclosures regarding the acquisition of equity shares by Essel Mining & Industries Limited. Pursuant to Regulation 7(1)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, Essel Mining & Industries Limited informed Pilani Investment that it acquired 10,000 equity shares, representing 0.09% of the total shareholding, on December 26, 2025. The disclosure was made by Pilani Investment on December 30, 2025, to the stock exchanges, enclosing the prescribed Form-B as received from Essel Mining & Industries Limited.
Essel Mining & Industries Limited, acting as a promoter group entity, made the disclosure in Form 'B' as per Regulation 7(1)(b) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The company confirmed the purchase of 10,000 equity shares from the open market on December 26, 2025. No open interest in derivatives of the company was held by Essel Mining & Industries Limited at the time of the disclosure.
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