The Exchange has received the disclosure under Regulation 29(1) / 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vatsal Agarwaal
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vatsal Agarwaal, a non-promoter individual, has disclosed the acquisition of 49,000 equity shares of Delta Industrial Resources Ltd on September 3, 2025, done through open market purchase. With this, his cumulative holding has risen to 5,79,540 equity shares, representing 10.75% of the company's paid-up capital (which totals 53,93,000 shares of Rs.10 each). The filing is made under Regulation 29(1)/29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, triggered because his holding has crossed the 10% disclosure threshold. Over the past several months (February to September 2025), he has steadily built this stake from zero through multiple small open-market purchases, indicating a gradual creeping acquisition pattern.
This is a non-promoter creeping acquisition that has now crossed the 10% disclosure mark — investors should monitor whether further buying follows, as crossing 25% could trigger an open offer obligation under takeover rules.