BSEDHP India LtdMediumNeutral
Announced Tue, 22 Apr · 17:34 IST

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

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

Counter Cyclical Investments Pvt Ltd, acting as a Portfolio Manager along with its clients (persons acting in concert), acquired 4,644 shares (0.15%) of DHP India Ltd through open market purchases on 21st April 2025. The acquirer's combined holding increased from 2,09,264 shares (6.98%) to 2,13,908 shares (7.13%) of the company's equity. The filing explicitly states the acquirer does NOT belong to the promoter or promoter group, meaning this is a non-promoter, institutional/PMS-driven purchase. DHP India has a total equity share capital of 30,00,000 shares, making this a small-cap company.

Likely market impact

This is a minor, incremental purchase by a non-promoter PMS entity and is unlikely to materially move the stock price. However, the combined holding of 7.13% is now approaching the 10% SAST regulatory threshold, which means any further accumulation above 10% will trigger a mandatory open offer obligation under takeover rules.