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Magna Electro Castings’ promoter hikes stake in company

27 Dec 2017 Evaluate

Magna Electro Castings’ promoter - N Muthulakshmi has acquired 4,53,000 (9.89%) equity shares through inter se transfer on December 26, 2017.

Post acquisition, the total holdings of N Muthulakshmi exceeded 5% in the company and increased to 6,13,591 (13.39%) equity shares. Prior to acquisition, N Muthulakshmi held 1,60,491 (3.50%) equity shares in the company.

Magna Electro Castings is engaged in the manufacture of iron castings, including grey iron, spheroidal graphite (SG) iron and other iron alloy castings-machined and unmachined, and steel components.


Magna ElectroCasting Share Price

1023.80 -1.95 (-0.19%)
12-Jun-2026 16:59 View Price Chart
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