The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Quest Capital Markets Ltd
DIGIDRIVE · price
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Quest Capital Markets Ltd, part of the Promoter Group of Digidrive Distributors Ltd, has acquired 11,25,000 equity shares (2.92%) through open market purchase on 10th September 2025. This takes its holding from 18,48,440 shares (4.79%) to 29,73,440 shares (7.71%) of the paid-up share capital. The acquisition crossed the 5% threshold, triggering this Regulation 29(1) SAST disclosure. The shares were bought on both BSE and NSE where Digidrive is listed.
This signals continued promoter group confidence in the company through open market buying. The acquirer now holds 7.71% and is approaching the 10% mark, which could mean further accumulation and potential reclassification of holdings, generally viewed positively by retail investors as an expression of insider confidence.