BSEEureka Industries LtdHighNeutral
Announced Mon, 25 Aug · 19:49 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Whitework Ventures LLP

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

Whitework Ventures LLP acquired 4,47,627 equity shares (5.12%) of Eureka Industries Ltd through open market purchases on August 22, 2025. This is a fresh acquisition by a non-promoter entity, as the acquirer's holding before the transaction was NIL. The disclosure was filed on August 25, 2025, under Regulation 29(2) of SEBI (SAST) Regulations, 2011, triggered by crossing the 5% shareholding disclosure threshold. After the acquisition, Whitework Ventures LLP holds 5.12% of the company's paid-up equity capital (87,50,000 shares of Rs. 10 each). The acquirer has explicitly stated it does not belong to the promoter/promoter group of Eureka Industries.

Likely market impact

A new external (non-promoter) shareholder now holds a notable 5.12% stake in Eureka Industries, which may raise investor awareness about potential strategic interest or further accumulation by this entity. Since the shares were bought from the open market, existing shareholders should watch for any additional disclosures if Whitework Ventures LLP crosses further thresholds.