How many shares did Westpac buy, and at what price?

Westpac bought **3,85,000** shares at **₹7** per share, for a total of **₹26.95 lakh**.

What was the promoter's stake before and after?

Before the purchase, Westpac held **38.14%**. After, it holds **39.96%**, an increase of **1.82 ppt**.

Does this acquisition affect the company's earnings or borrowing capacity?

No. This is a secondary market purchase by the promoter, not a company raising capital. It has no direct impact on the company's balance sheet.

M&A · Trading · Micro cap

Getalong promoter Westpac lifts stake to 39.96% with ₹26.95 lakh open-market buy

The acquisition of 3,85,000 shares at ₹7 each bumps promoter holding by 1.82 percentage points, showing confidence in the nano-cap.

— 3 earlier stories on Getalong Enterprise Ltd. →

GETALONG By Tipsheet Editorial 15 Jun 2026 · 4:26 PM IST Verify on BSE · NSE

Mkt cap₹16.29 cr

P/E24.43×

ROE14.72%

Debt / eq.0.10

₹26.95 lakh Consideration paid by promoter for the open-market acquisition

What's new

Westpac Investments acquired 3,85,000 shares in Getalong Enterprise on 15 Jun 2026, spending ₹26.95 lakh.
Promoter stake rose from 38.14% to 39.96%, a 1.82 ppt increase.
The buying happened in two BSE trades: 2,00,000 and 1,85,000 shares.

Why this matters

For a nano-cap with a ₹15 cr market cap, the promoter just deployed about 1.93% of that value, a material signal of conviction. The move reduces free float and aligns interests, which can boost sentiment in a thinly traded stock.

What we're watching

Whether the promoter continues to accumulate beyond 40%.
Liquidity impact: reduced free float could widen bid-ask spreads.
Any follow-on open market purchases by other promoters or directors.

The full read

Getalong Enterprise's promoter just put ₹26.95 lakh of its own money into the stock. That's conviction. For a ₹15 cr nano-cap, the outlay is roughly 1.93% of market capitalisation. Westpac bought 3,85,000 shares at ₹7 apiece, lifting its stake from 38.14% to 39.96%, an increase that signals alignment and reduces free float in a thinly traded name. The promoter could have sat at 38% but chose to buy more. For a low-debt company, that ₹26.95 lakh matters. It steadies the stock.

Questions answered

How many shares did Westpac buy, and at what price?: Westpac bought 3,85,000 shares at ₹7 per share, for a total of ₹26.95 lakh.
What was the promoter's stake before and after?: Before the purchase, Westpac held 38.14%. After, it holds 39.96%, an increase of 1.82 ppt.
Does this acquisition affect the company's earnings or borrowing capacity?: No. This is a secondary market purchase by the promoter, not a company raising capital. It has no direct impact on the company's balance sheet.

Mentioned: Westpac Investments Ltd · Getalong Enterprise Ltd · ₹26.95 lakh

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Getalong Enterprise Ltd.

Miscellaneous

₹16 cr

P/E 23.79×

Latest quarter · Mar 2023

Sales₹51 cr

Net profit−₹1 cr

Op. margin−4.0%

EPS−₹0.66

Strength & growth

Debt / equity1.15×

Current ratio1.02×

Story so far

All notes on GETALONG →

15 Jun 2026 · 4:26 PM IST Getalong promoter Westpac lifts stake to 39.96% with ₹26.95 lakh open-market buy
21d ago Getalong promoter Westpac buys again, stake at 43.07%
27d ago Getalong promoter Westpac buys again, third open-market acquisition in a month
36d ago Getalong promoter lifts stake to 41.47% with second open-market buy in a week