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 Narayan Sitaram Saboo(HUF), belonging to Promoter group of Bigbloc Construction Limited ("the Company") has intimated that they has acquired 18,756 Equity Shares of the Company on September 03, 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 Narayan Sitaram Saboo (HUF).Disclosure under Regulation 29(2) of the Securities & Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011''.
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Bigbloc Construction Limited has disclosed that Narayan Sitaram Saboo (HUF), part of the promoter group, bought 18,756 equity shares of the company from the open market on September 3, 2025. The disclosure has been filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This is a regulatory disclosure triggered because the promoter group entity crossed or needed to report a threshold for share acquisition. No sale of shares was reported in this filing.
This is a positive signal as promoter-group entities buying shares from the open market typically indicate insider confidence in the company's prospects. For retail investors, this kind of insider buying is often viewed as a vote of confidence, though the relatively small number of shares suggests a routine incremental acquisition rather than a major stake change.