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Promoter Increases Stake in Martin Burn

By Ankur Chandra | Published at: Jun 6, 2025 04:43 PM IST

Promoter Increases Stake in Martin Burn
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Kolkata, June 6, 2025 – Sarika Fatehpuria, a promoter and woman director of Martin Burn Limited (BSE: 523566, Symbol: MARBU), has disclosed an increase in her shareholding following the acquisition of 5,500 equity shares through open market transactions. Sarika acquired the additional shares from the open market, adding 0.11% (5,500 equity shares) to her current stake of 3.03% (1,56,264) in the company, bringing it up to 3.14% (1,61,764).

Key Acquisition Details

According to the disclosure filed under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Fatehpuria acquired:

Particulars Details
Target Company Martin Burn Limited
Acquirer Sarika Fatehpuria (DIN: 03570828)
Mode of Acquisition Open Market
No. of Shares Acquired 5,500
Acquisition Price per Share ₹64.89
Total Value of Acquisition ₹3,56,895
Date of Transaction June 5, 2025

Following the acquisition, her total shareholding increased from 1,56,264 shares (3.03%) to 1,61,764 shares, representing 3.14% of the company’s total voting capital.

Capital Structure Of Martin Burn Ltd.

Martin Burn Ltd’s total equity capital remains unchanged post-transaction:

  • Equity Share Capital: ₹5,15,38,590
  • Total Outstanding Shares: 51,53,859 equity shares of ₹10 each
  • Stock Exchanges: BSE and Calcutta Stock Exchange

The disclosure affirms that Sarika Fatehpuria remains a significant part of the promoter group. No encumbrances were reported on the shares either before or after the acquisition.

The acquisition underscores continued promoter confidence in the company’s long-term value.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/444dbb70-4917-40b5-b949-648ca04582a7.pdf

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