Mayur Uniquoters Promoter Ups Stake to 58.77% in Share Purchase

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AuthorVihaan Mehta|Published at:
Mayur Uniquoters Promoter Ups Stake to 58.77% in Share Purchase
Overview

Mayur Uniquoters Limited reported its promoter group bought 9,068 equity shares on March 27, 2026. The purchase raises the promoter stake to 58.77% from 58.75%, signaling ongoing insider confidence.

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Mayur Uniquoters Limited has announced a share acquisition by its promoter group. On March 27, 2026, Kiran Poddar, acting on behalf of the promoter group, bought 9,068 equity shares.

Following this transaction, the promoter group's total shareholding rose to 58.77% from 58.75%. The acquired shares account for 0.02% of the company's voting capital. Each share has a face value of Rs. 5, contributing to the company's total equity share capital of Rs. 21.73 crore. The company filed this disclosure on March 29, 2026.

This purchase is part of a series of recent acquisitions by Kiran Poddar. He had previously bought 1,000 shares on March 24, 2026, and 3,036 shares on March 25, 2026. The promoter holding has seen a steady increase, standing at around 58.59% in December 2025.

Mayur Uniquoters, founded in 1992, specializes in manufacturing artificial leather, PVC vinyl, and coated textile fabrics for the footwear, furnishings, and automotive sectors.

The company operates in a market that includes peers such as Responsive Industries Ltd., which focuses on direct artificial leather, and other companies in related plastic and automotive material sectors like Avro India Ltd. and Ddev Plastiks Industries.

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