The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arihant Capital Markets Ltd
DAVANGERE · price
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Arihant Capital Markets Ltd, a non-promoter entity, has disclosed an open market acquisition of 1,05,88,445 equity shares (0.74%) of Davangere Sugar Company Ltd on January 20, 2026. Post this purchase, Arihant Capital's holding has risen from 4.91% (7,01,82,674 shares) to 5.65% (8,07,71,119 shares), crossing the 5% disclosure threshold under the SEBI Takeover Regulations. The acquisition was made via open market and triggered the mandatory Regulation 29(1) filing. The total equity share capital of Davangere Sugar stands at 1,42,99,90,798 shares of Re. 1 each.
A non-promoter institutional entity creeping past the 5% mark signals growing interest from sophisticated investors in Davangere Sugar. While this is a modest 0.74% incremental purchase, crossing a regulatory threshold often draws market attention and may attract further buying or scrutiny from other shareholders.