The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Akshay Narendra Shah & PACs
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Promoter Akshay Narendra Shah and Persons Acting in Concert bought 1,76,625 equity shares (1.64% of paid-up capital) of Alkosign Ltd through open market purchases on the BSE between July 23 and July 25, 2025. Akshay Shah picked up 1,15,875 shares, lifting his individual holding from 10.33% to 11.40%, while Shrenik Kamlesh Shah acquired 60,750 shares, raising his stake from 4.36% to 4.93%. The broader promoter group's combined voting holding rose from 41.89% to 43.53% of the company's equity share capital of 1,07,92,497 shares. Encumbered shares held by the PAC group stayed unchanged at 29,35,505 shares (27.20%). The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations, 2011.
Open-market buying by promoters is typically read as a confidence signal, indicating that insiders view current valuations as attractive. The promoter group's total holding remains below the 50% majority mark, and they have consumed roughly one-third of their annual 5% creeping acquisition limit, leaving headroom for further increases.