The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shanker Credits Pvt Ltd & PACs
DBSTOCKBRO · price
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Shanker Credits Private Limited, together with its Persons Acting in Concert (Roopam Financers, Mahalaxmi Woolen Company, and Salvia Finvest), has disclosed an open market purchase of 7,01,663 equity shares (2.00% of share capital) of DB (International) Stock Brokers Ltd on December 22, 2025. The acquirer has explicitly confirmed it does NOT belong to the promoter or promoter group. After this transaction, the combined holding of the acquirer and PACs rises to 52,97,331 shares, representing 15.14% of the company's equity capital, up from 13.13% earlier. The disclosure is filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, and falls within the permissible 5% creeping acquisition limit per financial year for non-promoters. A significant portion of the group's holdings (~12.07% of total capital) remains in the nature of encumbrance.
This is a non-promoter entity steadily building its stake through open market buys; no immediate open offer trigger (which activates at 25%), but investors should watch for further accumulation. Given the micro-cap nature of the stock, increased block deals and price swings may follow.