Announced Wed, 24 Sept · 17:20 IST

The Exchange has received the disclosure under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vatsal Agarwal

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Vatsal Agarwal, a non-promoter acquirer, has purchased 55,274 shares on September 23, 2025 and 62,583 shares on September 24, 2025 of Delta Industrial Resources Ltd through open market transactions. His total holding in the company has increased from 6,84,150 shares (12.69%) to 8,02,007 shares (14.87%) of the paid-up equity capital. The total equity share capital of the company is 53,93,000 shares of Rs.10 each. The acquirer is not part of the promoter or promoter group.

Likely market impact

The acquirer's stake has risen to 14.87%, putting him just 0.13 percentage points away from the 15% SEBI SAST threshold, which could trigger additional disclosure obligations on any further purchase. While this does not affect promoter shareholding, it signals a notable non-promoter accumulation that shareholders should monitor.