BSEEureka Industries LtdHighNeutral
Announced Fri, 29 Aug · 17:06 IST

The Exchange has received the disclosure under Regulation 29(1) 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, a non-promoter entity, purchased 447,627 equity shares (5.12%) of Eureka Industries Ltd from the open market on August 22, 2025. Before this acquisition, the LLP held no shares in the company; after the purchase, its holding stands at 5.12% of the total share capital (8,750,000 equity shares of Rs. 10 each). The disclosure was filed under SEBI SAST Regulation 29(1), which requires any acquirer crossing the 5% shareholding threshold to notify the exchange. The acquisition was signed by Mr. Alnasir Abdulaziz Gilani as Designated Partner of Whitework Ventures LLP.

Likely market impact

This is a fresh entry by a new non-promoter shareholder holding just over the 5% disclosure limit. Investors should watch whether Whitework Ventures continues to accumulate, as further purchases approaching 10% would trigger additional disclosure and open-offer obligations under SAST rules.