Announced Mon, 27 Jul · 19:51 IST
GX Ventures LLP acquires 0.97 percent stake in Amarnath Securities via open market
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
GX Ventures LLP along with PACs (GX Capital Pvt Ltd, Novita Brands Pvt Ltd, Pawan Jain, Monika Jain) acquired 29,137 shares (0.97%) of Amarnath Securities Ltd through open market on 24 July 2026. Their total holding rose from 199,893 shares (6.66%) to 229,030 shares (7.63%). The acquirer is not part of the promoter group. This is a creeping acquisition under SEBI SAST regulations, moving closer to the 10% trigger threshold.
Likely market impact
Non-promoter entity GX Ventures is gradually building stake (now 7.63%) via open market, approaching the 10% takeover threshold.