The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mangal Keshav Capital Ltd
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Mangal Keshav Capital Limited, a non-promoter entity, has disclosed an open market acquisition of 1,551 equity shares (0.006%) in Candour Techtex Limited on April 28, 2026. Following this purchase, Mangal Keshav Capital holds 4,139,951 shares representing 16.95% of the total voting capital of Candour Techtex. The acquirer has explicitly confirmed it does not belong to the Promoter/Promoter group. The acquisition was made through open market purchase, and the total share capital of the target company remained unchanged at Rs. 24,41,14,380 divided into 2,44,11,438 equity shares of Rs. 10 each.
This indicates a non-promoter institutional investor (Mangal Keshav Capital) is gradually accumulating shares in Candour Techtex, holding nearly 17% of the company. While this is below the 25% threshold that would trigger open offer obligations, continued accumulation could eventually require a mandatory open offer.