The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Leading Leasing Finance & Investment Company Ltd
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Leading Leasing Finance & Investment Company Ltd, a non-promoter entity, sold 2,69,726 equity shares (1.06% of paid-up capital) of Sri Adhikari Brothers Television Network Ltd (BSE: 530943, NSE: SABTNL) through open market between December 24 and December 29, 2025. Before the sale, the acquirer held 31,69,824 shares (12.49%); after the sale, holding stands at 29,00,098 shares (11.43%). The disclosure is filed under Regulation 29(2) of the SEBI Takeover Regulations, 2011, as the holding change crosses the reporting threshold for non-promoters holding above 10%. The total equity capital of SABTNL remained unchanged at 2,53,73,056 shares.
A modest reduction in non-promoter institutional stake with no change in promoter control or company fundamentals; the acquirer remains a sizeable non-promoter shareholder above the 10% threshold, so the price impact is expected to be minimal.