The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nilratan Suppliers Pvt Ltd
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Nilratan Suppliers Pvt Ltd has acquired 76,00,000 shares (0.90%) of Cropster Agro Ltd through open market on 15-12-2025. Before the acquisition, the entity held 4,10,50,000 shares (4.89%); after the acquisition, its holding rose to 4,86,50,000 shares (5.79%) of the equity share capital. The acquirer has explicitly stated that it does not belong to the Promoter or Promoter Group of the company. The disclosure was made to BSE under Regulation 29(2) of SEBI (SAST) Regulations, 2011, which is triggered when an acquirer's holding crosses the 5% threshold.
An external (non-promoter) entity has quietly crossed the 5% stake mark in Cropster Agro, which could raise governance and concentration-of-holding concerns. Retail investors should monitor whether further purchases follow, as creeping acquisitions by a single non-promoter entity near key thresholds may signal a potential takeover approach or strategic stake-building.