Glen Industries Ltd — Important, 07-08-2026: Company Update

Glen Industries' Promoter Group, through Lalit Agrawal (HUF), has increased its stake by acquiring 19,200 equity shares from public shareholders. This acquisition, valued at approximately 0.22 Cr at a price of Rs. 113.32 per share, boosts the aggregate promoter and promoter group shareholding from 73.89% to 73.97%. This strategic move indicates stronger promoter conviction in the company's future and enhances their overall control, while complying with public shareholding norms.