Alpha Tribe

Associated Coaters LtdJV/Acquisition, 07-04-2025: The Promoters of the Company hereby submits the disclosure of their shareholding as on 31st March, 2025 as per Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeover) ....

07-04-2025 · 06:07 pm

Associated Coaters Limited has announced a board meeting to discuss its annual disclosure regarding substantial shareholdings. Promoters Jagjit Singh Dhillon and Navneet Kaur, along with persons acting in concert, confirmed they hold a collective 6,19,814 (66.64%) equity shares and 3,10,000 (33.33%) equity shares, respectively, totaling 99.97% of shares without any encumbrances incurred during the financial year ended March 31, 2025. This consolidation of ownership reflects strong promoter confidence, potentially fostering a positive outlook among investors. However, the high promoter shareholding could also pose risks if significant operational changes occur.

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