Lord’s Mark Industries Promoter Proposes Reinvestment of Share Sale Proceeds for Medical Device Expansion
New Delhi [India], October 1: Lord’s Mark Industries Ltd has informed the BSE that its promoter, Sachidanand Hariram Upadhyay, has proposed ...
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“Lord’s Mark Industries Promoter Proposes Reinvestment of Share Sale Proceeds for Medical Device Expansion”
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en.sangritimes.com
1 Oct 2026
New Delhi [India], October 1: Lord’s Mark Industries Ltd has informed the BSE that its promoter, Sachidanand Hariram Upadhyay, has proposed reinvesting a majority of the proceeds received from the recent sale of equity shares into the company’s medical device business.
According to the company’s regulatory filing dated October 1, 2026, the promoter sold 89,98,598 equity shares, having a face value of ₹10 each, through open-market transactions on the BSE on September 29. The transaction generated aggregate net proceeds of approximately ₹76.18 crore.
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