BSEBacil Pharma LtdMediumPositive
Announced Mon, 23 Feb · 13:14 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vicky Shah

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mr. Vicky Shah, who is not part of the promoter/promoter group, acquired 20,75,000 equity shares (14.46%) of Bacil Pharma Ltd through an off-market deal on 19 February 2026. His holding jumped from 3,06,695 shares (2.14%) to 23,81,695 shares (16.60%) of the company's paid-up equity capital (1,43,53,000 shares of Rs. 10 each). This filing is the mandatory disclosure under SEBI's Substantial Acquisition of Shares & Takeovers rules, triggered because the acquisition crossed the 5%, 10%, and 15% disclosure thresholds. The mode of acquisition being off-market suggests a negotiated/privately arranged transaction rather than open-market buying.

Likely market impact

A non-promoter quietly building a 16.60% stake via off-market route is a significant ownership change — shareholders should watch for further acquisitions approaching the 25% open-offer trigger, or for any block deal exits. The stock may see volatility as the market digests this concentrated new shareholder.