The Exchange has received the revised 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.
Individual shareholder Vatsal Agarwaal (not a promoter) has filed a revised disclosure for acquiring 50,000 equity shares of Delta Industrial Resources Ltd through an open market purchase on October 3, 2025. With this purchase, his holding increased from 9,02,007 shares (16.73%) to 9,52,007 shares (17.65%) of the company's total equity share capital of 53,93,000 shares. The disclosure was filed under Regulation 29(1)/29(2) of SEBI's Takeover Regulations, which applies to significant stake changes.
This is a relatively small incremental stake increase (less than 1%) by a non-promoter shareholder. It does not trigger an open offer obligation, but the buyer is now firmly within the 15-25% regulatory band where creeping acquisition rules limit further purchases, which may modestly reduce near-term demand for the stock from this buyer.