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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Bilcare Limited informed BSE about a change in shareholding by a group of Persons Acting in Concert (PAC) — Guttikonda Anuradha, Guttikonda Vara Lakshmi, and Guttikonda Rajasekhar — who are NOT part of the promoter/promoter group. Guttikonda Vara Lakshmi acquired 6,62,378 equity shares (2.81%) via the open market on 02 January 2025, while Guttikonda Rajasekhar sold his entire holding of 1,54,290 shares (0.66%). As a result, the combined PAC holding in Bilcare increased from 7.37% (17,34,291 shares) to 9.52% (22,42,379 shares), a net addition of 2.15%. Guttikonda Anuradha's holding remained NIL throughout. The company's total equity share capital remained unchanged at ₹23.54 crore (2.35 crore shares of ₹10 each).
With the PAC group's combined holding now at 9.52%, they are inching very close to the 10% takeover trigger threshold under SAST regulations. Any further open-market purchases could attract additional disclosure obligations and potentially a mandatory open offer. Retail investors should monitor whether more buying follows, as it may signal a larger strategic interest in the company.