The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for PMC Fincorp Ltd & PACs
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PMC Fincorp Ltd, along with persons acting in concert (RRP Management Services Pvt Ltd and Bimla Ramkishore Gupta), has acquired 9,90,000 equity shares of Filmcity Media Ltd on March 6, 2026, representing 3.24% of the company's paid-up share capital. The acquisition was done through an off-market route. After this purchase, the combined promoter group holding in Filmcity Media has risen from 13.68% to 16.92% of the company's equity share capital (which consists of 3.05 crore shares of face value Rs 1 each). PMC Fincorp Ltd's individual stake has gone from 4.50% to 7.74%.
This is a promoter-group share acquisition that strengthens the promoters' grip on the company but still leaves them well below the 50% majority mark. For shareholders, it signals continued promoter confidence in the company, though the off-market nature means no fresh market demand was created and existing public shareholders were not given an exit option.