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, part of the promoter group of BLB Ltd, sold 11,39,238 equity shares (2.16% of total share capital) in the open market on 11th August 2025. Before the sale, the entity held 1,03,40,389 shares (19.56%), which has now reduced to 92,01,151 shares (17.40%). The transaction was executed through open market mode and the total equity share capital of BLB Ltd remains unchanged at Rs. 5,28,65,258 (5.28 crore shares of Re. 1 each). No encumbrance or pledge-related activity was involved in this transaction.
This is a promoter group stake sale of over 2% through the open market, which retail investors generally view as a cautious signal. The promoter group's effective holding in BLB Ltd has dropped from 19.56% to 17.40%, and further such sales could pressure the stock in the short term.