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  3. Getalong Enterprise Promoter Westpac Investments Sells 20,000 Shares at Rs. 4.33 Each
ipo services in India
India IPO
  • 26 Mar 2026
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 Getalong Enterprise Promoter Westpac Investments Sells 20,000 Shares at Rs. 4.33 Each

Westpac Investments Limited, a promoter of Getalong Enterprise Limited, sold 20,000 equity shares at Rs. 4.33 per share on March 25, 2026, through open market transactions on BSE. The sale, valued at Rs. 86,600, reduced Westpac's shareholding from 80,90,000 shares (38.23%) to 80,70,000 shares (38.14%). The company filed necessary regulatory disclosures under SEBI takeover and insider trading regulations.

Getalong Enterprise Promoter Westpac Investments Sells 20,000 Shares at Rs. 4.33 Each

Getalong Enterprise Limited has disclosed that its promoter, Westpac Investments Limited, sold equity shares in the company through open market transactions on March 25, 2026. The transaction was conducted in compliance with SEBI regulations and reported to BSE Limited.

Transaction Details

Westpac Investments Limited executed the sale of equity shares with specific parameters that impacted its overall shareholding in the company.

Parameter: Details Number of Shares Sold: 20,000 Price per Share: Rs. 4.33 Total Transaction Value: Rs. 86,600 Transaction Date: March 25, 2026 Mode of Sale: Open Market Exchange: BSE Limited

Shareholding Changes

The share sale resulted in a reduction of Westpac Investments Limited's stake in Getalong Enterprise Limited. The changes in shareholding pattern reflect the impact of the transaction on the promoter's ownership.

Shareholding Status: Before Transaction After Transaction Change Number of Shares: 80,90,000 80,70,000 (20,000) Percentage Holding: 38.23% 38.14% (0.09%) Share Capital: INR 2,11,60,000 INR 2,11,60,000 No change

Regulatory Compliance

The transaction was reported under multiple SEBI regulations to ensure transparency and compliance with market norms. Getalong Enterprise Limited submitted the required disclosures to BSE Limited following the share sale.

Key Regulatory Filings:

Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Form C under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015

Notification to BSE Limited with scrip code 543372

Company Information

Getalong Enterprise Limited maintains its equity share capital structure unchanged following the transaction. The company's shares continue to be listed on BSE Limited, and the total voting capital remains consistent.

Corporate Details:

Total equity shares: 2,11,60,000 shares of INR 1 each

ISIN: INE0H1201020

BSE scrip code: 543372

ISO 9001:2015 certified company

The disclosure was signed by Harsha Vikram Jain, Managing Director of Getalong Enterprise Limited, and Rahul Vikram Jain, Director of Westpac Investments Limited, confirming the accuracy of the reported information.

Getalong enterprise Limited announced that its board of directors has approved a strategic investment in Osiyaa Polypacks Limited during a meeting held on 04th March, 2026. The decision represents the company's continued focus on diversifying its investment portfolio in sectors demonstrating stability and growth potential.

Investment Details

The board approved the acquisition of equity shares in Osiyaa Polypacks Limited with the following key parameters:

Parameter: Details Number of Shares: 3,00,000 equity shares Price per Share: Rs 10 Total Investment: Rs 30,00,000 Acquisition Method: Preferential allotment Expected Completion: 31st March, 2026

Following this investment, Getalong Enterprise Limited will hold an aggregate of 10,29,000 equity shares in Osiyaa Polypacks Limited, representing approximately 18.71% of the paid-up equity share capital.

Target Company Profile

Osiyaa Polypacks Limited operates in the manufacturing and packaging industry, incorporated on 08th December, 2022. The company specializes in:

Manufacturing and packaging of PP granules to mesh (leno) bags

Products for vegetables, potatoes, fruits, sugar, cement, and fertilizer bags

Granulating of PP and PE recycling material

Processing waste PP woven bags, tapes, and PE shopping bags

Financial Performance

Osiyaa Polypacks Limited has demonstrated significant growth in its financial performance:

Period: Turnover F.Y. 2024-25: Rs 25,78,131.33 01-04-2025 to 28-02-2026: Rs 3,63,57,096.58

Regulatory Compliance

The investment transaction has been structured in compliance with regulatory requirements:

The transaction falls within related party transactions

Members' approval obtained in General Meeting held on 02nd July, 2021 for making investments in companies

Specific approval for investment in Osiyaa Polypacks Limited received in General Meeting held on 29th September, 2025

Transaction conducted at arm's length

No additional government or regulatory approvals required

Share Capital Structure

Post-transaction, Osiyaa Polypacks Limited's proposed share capital structure will be:

Component: Details Authorized Share Capital: Rs 5,50,00,000 Number of Equity Shares: 55,00,000 Face Value per Share: Rs 10

The board meeting commenced at 02:30 p.m. and concluded at 03:00 p.m. on 04th March, 2026. The company stated that this acquisition aligns with its long-term strategy of diversifying its portfolio while investing in sectors that demonstrate both stability and growth potential, with the intention to nurture and expand the business for value creation.

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