Announced Wed, 24 Dec · 15:40 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nidhi Sethia

Promoter Stake BuyOwnership Changes View source PDF

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AI summary

Nidhi Sethia, a member of the promoter group of Balurghat Technologies Ltd, acquired 500 equity shares of the company on December 16, 2025. The acquisition was made through the online mode, and was disclosed to BSE under Regulation 29(2) of SEBI's Takeover Regulations. Before the transaction, Nidhi Sethia held 70 shares in the company, which increased to 570 shares after the acquisition. The company's total equity share capital stands at 1,82,00,000 shares of Rs. 10 each (Rs. 18.2 crore). The acquired quantity represents a negligible 0.00% of the total voting capital, indicating this is a routine small-scale promoter group purchase.

Likely market impact

This is a token share purchase by a promoter group member with no meaningful impact on shareholding pattern or stock price. The transaction size is too small to materially affect promoter holding, control, or market perception. Investors should treat this as a routine regulatory disclosure rather than a significant corporate action.