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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Awaiting price reaction for this filing.
ACN Financial Services Limited, which is not part of the promoter/promoter group of BLB Ltd, has sold 12,20,885 equity shares (2.31% of paid-up capital) of BLB Ltd through the open market on 3 November 2025. Before the sale, ACN held 80,28,346 shares (15.19%); after the sale, its holding stands at 68,07,461 shares (12.88%). The transaction was carried out on both NSE and BSE. No encumbrance (pledge/lien) activity is involved in this filing.
A non-promoter substantial shareholder reducing its stake from 15.19% to 12.88% signals mild selling pressure from an institutional/financial entity, which retail investors should monitor as it could indicate weaker conviction in the stock at current levels.