The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vandana Gadia
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Vandana Gadia, a non-promoter acquirer, has disclosed the purchase of 25,55,229 equity shares (15.03%) of Atharv Enterprises Ltd through open market transactions between 15-Nov-2025 and 30-Dec-2025. Her holding in the company rose from 4,09,603 shares (2.41%) to 29,64,832 shares (17.44%), crossing the 5% and 10% SAST disclosure thresholds. The total equity share capital of the company stands at 17 crore shares. The shares are listed on BSE Limited.
A non-promoter entity accumulating over 17% stake signals significant outsider interest, which can be seen positively for stock liquidity and may attract attention to the company. Shareholders should watch for further disclosures if the stake crosses the 25% trigger or any change in the nature of acquisition.