The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shreevar Kheruka & PACs
BOROLTD · price
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Shreevar Kheruka, Promoter and Vice Chairman, MD & CEO of Borosil Ltd, purchased 85,443 equity shares from the open market between March 9-23, 2026. This acquisition increased his personal holding from 1.63% to 1.70% of the company's share capital. The entire promoter group (including PACs like Pradeep Kumar Kheruka, Kiran Kheruka, Rekha Kheruka, Croton Trading Pvt Ltd, and various LLPs) saw their collective holding rise from 64.62% to 64.69%. The acquisition was made through open market purchases and triggered the SEBI SAST disclosure requirement under Regulation 29(2).
This indicates continued confidence by the promoter group in Borosil's business. The small 0.07% increase in promoter holding is a mildly positive signal for retail investors, suggesting promoters see value at current market levels. The stock may see modest positive reaction given insider buying activity.