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 37,153 Equity Shares of the Company on September 02, 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'.
BIGBLOC · price
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Madhu Narayan Saboo, a member of the promoter group of Bigbloc Construction Limited, has purchased 37,153 equity shares from the open market on September 2, 2025. The company has informed the exchange about this acquisition and submitted the required disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. This is a routine regulatory filing required when promoter group members buy shares in the company.
This is a positive signal as it shows promoter group confidence in the company through open market buying. However, the number of shares is relatively small, so the direct impact on stock price or shareholder value is likely limited.