The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Deep Health AI India Ltd
EXXARO · price
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Deep Health AI India Ltd (formerly Deep Diamond India Ltd), a non-promoter shareholder, has acquired 1,05,65,259 equity shares (2.36%) of Exxaro Tiles Ltd through open market purchases between 19-Nov-2025 and 24-Feb-2026. This raises their holding from 5.87% (2,62,72,073 shares) to 8.23% (3,68,37,332 shares) of the company's paid-up equity capital. The acquisition was made purely in the open market with no encumbrance or pledge involved. Deep Health AI has confirmed it does not belong to the promoter/promoter group of Exxaro Tiles.
The acquirer is now close to the 10% open-market trigger threshold under SAST Regulations, which means further buying could attract additional disclosure obligations. For existing shareholders, this signals a non-promoter entity steadily building a significant strategic stake, which could be positive if it leads to a potential takeover attempt or influence on company decisions.