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, who is not part of the promoter group, has acquired 83,215 equity shares (0.49%) of Atharv Enterprises Ltd through the open market between 9 August 2025 and 30 September 2025. Her holding has increased from 24,72,014 shares (14.54%) to 25,55,229 shares (15.03%). The total equity share capital of the company is 17,00,00,000 shares. The acquisition was disclosed under SEBI's SAST Regulation 29(2), which mandates disclosure when an acquirer's holding crosses certain thresholds.
A non-promoter acquirer now holds slightly above 15% of the company, which means further purchases beyond the next regulatory threshold could trigger additional disclosure and potential open offer obligations. Retail investors should monitor for any further accumulation or any signals of a larger takeover intent.