The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Guttikonda Anuradha & Others
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Three individuals — Guttikonda Anuradha, Guttikonda Vara Lakshmi, and Guttikonda Rajasekhar — acting in concert have acquired a total of 4,97,749 equity shares (2.11%) of Bilcare Limited through open market purchases on 25 March 2025. Before the purchase, the group's combined holding was 22,42,379 shares (9.52%), and after the purchase it stands at 27,40,128 shares (11.64%), thereby crossing the 10% substantial acquisition disclosure threshold under SEBI SAST Regulations. The filing clarifies that these acquirers do not belong to the promoter or promoter group of the company. The equity share capital of the company remains unchanged at Rs.23,54,52,310, comprising 2,35,45,231 shares of Rs.10 each.
A non-promoter group now holds over 11% of Bilcare, which may raise corporate governance and shareholder attention. While not a promoter action, the open-market accumulation above the 10% threshold signals a significant new shareholder and could influence stock perception and future disclosures.