Promoter Sachidanand Hariram Upadhyay has completed a significant stake divestment in Lords Mark Industries, selling approximately 1 crore shares through open-market transactions on September 18. According to reports from Moneycontrol, Upadhyay sold 81 lakh shares for ₹68.04 crore at ₹84 per share and an additional 1.03 crore shares at ₹84.86 per share. The total stake sale amounted to ₹155.92 crore, representing a substantial portion of the company's equity structure. The transaction was executed as part of complying with SEBI's Minimum Public Shareholding (MPS) requirements, with the promoter selling to meet prescribed public shareholding norms in accordance with applicable SEBI guidelines.
Two major institutional investors acquired significant stakes in the company during the same trading session. According to reports from Moneycontrol, Goldman Sachs Investments Mauritius I purchased 51 lakh shares for ₹42.84 crore, representing 1.2% of the paid-up equity. Additionally, Hisaria Group-owned AT Trade Overseas acquired 30 lakh shares for ₹25.2 crore, equivalent to 0.7% of the paid-up equity. Both institutional buyers acquired their shares at ₹84 per share, matching the promoter's selling price, demonstrating strong institutional confidence in the healthcare and diagnostics sector. The participation of established investors marks an important development for Lords Mark Industries as the company continues to build scale across its diversified business verticals.
Despite the significant stake sale, Lords Mark Industries shares demonstrated strong market performance on Friday. As reported by Moneycontrol, the stock ended the session at ₹89 on the BSE, up 4.2% amid high trading volumes. The positive market response suggests investor confidence in the company's business prospects and operational performance, with the stock showing resilience despite the substantial promoter stake reduction. The growing investor interest comes as Lords Mark Industries continues to strengthen its businesses across healthcare, diagnostics and energy, with a focus on innovation, expansion and creating long-term value for stakeholders.
The transaction has significantly impacted the company's ownership structure while maintaining promoter presence. As reported by Moneycontrol, promoters held an 80% stake in Lords Mark Industries as of June 2026. Despite the substantial stake sale by the promoter, the promoter group continues to maintain a substantial holding in the company, underscoring the continued presence of the promoter group as a significant shareholder. The participation of marquee investors such as Goldman Sachs and the Hisaria Group adds further visibility to the company's evolving shareholder base and its presence in the public markets. Lords Mark Industries remains focused on executing its growth strategy while continuing to create value for customers, partners, employees and shareholders across its diversified business verticals.
