Bigbloc Construction Limited has informed the Exchange regarding 'Disclosure Under Regulation 29(2) Of The Securities & Exchange Board Of India (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011'.
BIGBLOC · price
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Awaiting price reaction for this filing.
Narayan Sitaram Saboo (HUF), part of the promoter group of Bigbloc Construction Limited, purchased 23,634 equity shares from the open market on August 19, 2025. This represents about 0.02% of the company's total share capital, taking the HUF's holding from 50,96,030 shares (3.60%) to 51,19,664 shares (3.62%). The disclosure was filed under SEBI's Takeover Regulations. The company's total equity share capital remains unchanged at 14,15,75,750 shares. The acquisition was a minor open market purchase by a promoter-group member.
This is a very small acquisition (just 0.02% increase) and is unlikely to materially impact the stock price. It signals continued promoter-group confidence in the company, but the size is too small to indicate any significant change in promoter stance or control.