The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Harshad Panchal
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Harshad Amrutlal Panchal, a non-promoter individual shareholder, has filed a SAST disclosure covering both acquisitions and sales of Bridge Securities shares. He acquired 4,73,371 shares (1.41%) in multiple tranches between 11 and 20 September 2024, and later sold 2,84,300 shares (0.85%) on 8 and 9 September 2025. Net of these transactions, his holding increased by 1,89,071 shares, taking his stake from 18.53% to 19.09% of the company's equity. The total equity share capital of Bridge Securities stands at 3,36,13,000 shares with a face value of Re. 1.
This is a non-promoter, non-FII investor consolidating his position slightly closer to the 25% open-offer trigger threshold under SAST rules. The mixed buy-and-sell pattern suggests active portfolio rebalancing rather than a directional bet, so material impact on the stock is unlikely.