The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mentor Capital Ltd & PAC
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Authum Investment & Infrastructure Ltd's promoter group, comprising Mentor Capital Ltd and Mrs. Alpana Dangi (PAC), has disclosed a minor acquisition of 1,02,919 equity shares, representing just 0.01% of the total share capital. Before this acquisition, the promoter group collectively held 58,42,06,627 shares (68.79% of voting capital), with Mrs. Alpana Dangi holding 65.30% and Mentor Capital Ltd holding 3.50%. This is a Regulation 29(2) disclosure, which is mandatory whenever a promoter group's shareholding changes. The acquisition is small and does not materially change the existing promoter shareholding, which remains very high at over 68%.
The acquisition is negligible in size (0.01%) and signals a routine, minor increase in promoter holding, indicating promoter confidence. No material impact on stock price is expected as the overall promoter stake remains essentially unchanged at ~68.79%.