The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for ACN Financial Services Ltd
BLBLIMITED · price
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ACN Financial Services Limited sold 11,00,272 equity shares (2.08%) of BLB Limited in the open market on May 7, 2026. This sale reduced their holding from 8.06% (42,60,800 shares) to 5.98% (31,60,528 shares). ACN Financial Services is explicitly stated as NOT belonging to the Promoter/Promoter group of BLB Limited. No pledges, encumbrances, or convertible securities were involved in this transaction. The total diluted share capital of BLB Limited remained unchanged at 52,865,258 equity shares of Re.1/- each.
This is a sale by a non-promoter shareholder reducing their stake by 2.08 percentage points. The significant drop in holding (from 8.06% to 5.98%) suggests partial exit but no immediate concern for retail investors since the seller is not a promoter or related party.