The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Thacker and Company Ltd
3PLAND · price
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Thacker and Company Ltd, part of the promoter group of 3P Land Holdings, acquired 10,10,380 equity shares (5.61% of paid-up capital) through an off-market transaction on 4th June 2025. This acquisition happened as a result of the merger of Fujisan Technologies Ltd (transferor) into Thacker and Company Ltd (transferee), which was sanctioned by the NCLT Mumbai Bench on 1st May 2025. With this acquisition, Thacker and Company's stake in 3P Land Holdings increased from 14.00% (25,20,210 shares) to 19.61% (35,30,590 shares). The acquisition was a regulatory disclosure under SEBI Takeover Regulations, and no cash consideration was involved from 3P Land Holdings' perspective.
This is a passive stake increase for existing shareholders as the shares were received via a merger scheme, not a fresh market purchase. It consolidates promoter group control but is unlikely to impact the stock price since no new shares were issued and no funds flowed from minority shareholders. Shareholders should note the promoter group's increased effective holding.