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  3. Pitampura Leasing Increases Stake in Max Heights Infrastructure to 3.72% Through Open Market Purchase
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  • 06 Mar 2026
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 Pitampura Leasing Increases Stake in Max Heights Infrastructure to 3.72% Through Open Market Purchase

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. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.

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