The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Counter Cyclical Investment Pvt Ltd
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Counter Cyclical Investments Private Limited, acting as a Portfolio Manager along with its clients (persons acting in concert), bought 4,393 shares of DHP India Ltd on 28th March 2025 through open market purchases. Before the acquisition, the combined holding stood at 204,871 shares (6.83%), which has now risen to 209,264 shares (6.98%). DHP India has a small total equity base of 30 lakh shares. The acquirer is not part of the promoter group. This disclosure was made under SEBI's takeover regulations because the combined holding crossed the 5% threshold reporting requirement.
The buying is incremental and small in absolute terms, but it nudges the acquirer's stake closer to the 10% regulatory trigger threshold, which may attract additional disclosure obligations. For existing shareholders, this signals continued open-market interest from a PMS-led investor group, though it does not materially shift control of the small-cap company.