The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Interface Financial Services Ltd
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Interface Financial Services Limited, a non-promoter entity, filed a disclosure under SEBI SAST Regulations for an open market transaction on 18.05.2026. The filing shows the acquirer held 84,000,000 shares (9.31%) before the transaction, acquired 40,303,000 shares (4.47%), and reported a post-transaction holding of 43,697,000 shares (4.84%). The target company's total share capital is 90,260,300 shares of Rs. 2 each. Notably, the acquirer is classified as NOT belonging to the Promoter/Promoter group, indicating this is a substantial acquisition by an external party rather than an insider or promoter transaction.
This represents a significant share acquisition by a non-promoter entity in the open market, crossing the 5% threshold proximity. Shareholders should note that an entity outside the promoter group has substantially increased its stake, which could signal potential change in control dynamics or strategic interest in Biogen Pharmachem.