According to a release issued by the company to the BSE, company's promoter Prakash Kumar Mohta acquired 316,842 equity shares around 4 per cent stake in the company via open market.
Post transaction, Prakash Kumar Mohta holding in ECE Industries now stands at 16.71 per cent from 12.61 per cent earlier.
The stock remains locked at the upper limit at Rs. 135. The counter has seen trades of around 15,000 shares, with pending buy orders for around 3,500-odd shares on the BSE.
Meanwhile, the Sensex has gained 169 points at 28,146.