Pitampura Leasing & Housing Finance Limited has increased its shareholding in Max Heights Infrastructure Limited to 3.72% through the acquisition of 45,000 shares via open market purchases on March 5, 2026. The transaction raised the company's total holding from 535,999 shares (3.43%) to 580,999 shares, representing a 0.29% increase. The mandatory SEBI disclosure was filed under takeover regulations, with Max Heights Infrastructure maintaining its equity share capital of Rs. 15,60,92,250.
Pitampura Leasing Increases Stake in Max Heights Infrastructure to 3.72% Through Open Market Purchase
Pitampura Leasing & Housing Finance Limited has submitted a regulatory disclosure to SEBI following its increased shareholding in Max Heights Infrastructure Limited. The disclosure, filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, details the company's recent share acquisition activity.
Share Acquisition Details
The acquisition involved 45,000 shares purchased through open market transactions on March 5, 2026. This purchase increased Pitampura Leasing's total shareholding from 535,999 shares to 580,999 shares in the target company.
Parameter: Before Acquisition After Acquisition Change Number of Shares: 535,999 580,999 +45,000 Percentage Holding: 3.43% 3.72% +0.29% Voting Capital %: 3.43% 3.72% +0.29%
Transaction Structure
The shares were acquired through open market purchases, representing a straightforward equity transaction. Pitampura Leasing & Housing Finance Limited has confirmed its status as belonging to the promoter/promoter group category in relation to Max Heights Infrastructure Limited.
Company Financial Position
Max Heights Infrastructure Limited maintains its equity share capital at Rs. 15,60,92,250, which remained unchanged following the transaction. The company's shares are listed on BSE Limited, providing liquidity for such open market transactions.
Financial Parameter: Amount Equity Share Capital (Before): Rs. 15,60,92,250 Equity Share Capital (After): Rs. 15,60,92,250 Total Diluted Share Capital: Rs. 15,60,92,250
Regulatory Compliance
The disclosure was signed by Naveen Narang, Director of Pitampura Leasing & Housing Finance Limited (DIN: 00095708), and submitted on March 6, 2026. The filing demonstrates compliance with SEBI's transparency requirements for substantial shareholding changes in listed companies.
The transaction reflects continued promoter group interest in Max Heights Infrastructure Limited, with the acquisition strengthening Pitampura Leasing's position as a significant shareholder in the infrastructure company.
Pitampura Leasing & Housing Finance Limited has filed another regulatory disclosure regarding its continued shareholding increase in Max Heights Infrastructure Limited, as mandated under SEBI regulations for substantial acquisitions.
Latest Share Acquisition Details
The most recent acquisition involved 28,320 shares of Max Heights Infrastructure Limited, purchased through open market transactions on February 26, 2026. This transaction represents 0.18% of the company's total share capital.
Transaction Details: Value Shares Acquired: 28,320 Acquisition Method: Open Market Transaction Date: February 26, 2026 Percentage Acquired: 0.18%
Progressive Shareholding Increases
Pitampura Leasing has been systematically increasing its stake in Max Heights Infrastructure through multiple acquisitions. The company's shareholding has grown substantially over recent transactions.
Shareholding Timeline: Shares Held Percentage Holding Before Latest Acquisition: 507,679 3.25% After Latest Acquisition: 535,999 3.43% Voting Rights: 535,999 3.43%
Regulatory Compliance
The disclosure was submitted on February 27, 2026, under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Pitampura Leasing & Housing Finance Limited continues to be identified as belonging to the promoter/promoter group category of Max Heights Infrastructure Limited.
Company Information
Max Heights Infrastructure Limited maintains an equity share capital of Rs. 15,60,92,250 and is listed on BSE Limited. The total diluted share capital remains unchanged at Rs. 15,60,92,250 following this acquisition. The disclosure was authorized by Naveen Narang, Director of Pitampura Leasing & Housing Finance Limited, bearing DIN: 00095708.
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