BIGBLOCNSEBigbloc Construction LimitedMediumPositive
Announced Fri, 22 Aug · 14:41 IST

Bigbloc Construction Limited has informed the Exchange regarding 'In compliance with the provisions of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, it is to inform that Madhu Narayan Saboo, belonging to Promoter group of Bigbloc Construction Limited ("the Company") has intimated that she has acquired 16,022 Equity Shares of the Company on August 20, 2025 and 34,648 Equity Shares of the Company on 21st August, 2025 form open market.Accordingly, we herewith submit the disclosure under Regulation 29 (2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in the prescribed format as received from Madhu Narayan Saboo.Disclosure under Regulation 29(2) of the Securities & Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011'.

Promoter Stake BuyOwnership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Madhu Narayan Saboo, a member of the promoter group of Bigbloc Construction Limited, acquired 50,670 equity shares from the open market across two days (16,022 shares on August 20, 2025 and 34,648 shares on August 21, 2025). Her shareholding in the company rose marginally from 81,40,154 shares (5.75%) to 81,90,824 shares (5.78%) of the total equity share capital. The company has submitted the prescribed disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The equity share capital of the company remains 14,15,75,750 shares before and after the acquisition.

Likely market impact

This is a small open-market purchase by a promoter-group member, signalling mild insider confidence, but the size is too small to move the stock or materially change the ownership structure. Retail investors should view this as a routine regulatory disclosure rather than a significant corporate event.