The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Wasatch Advisors LP
FIVESTAR · price
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Wasatch Advisors LP, a foreign institutional investor (not a promoter), bought 101,519 shares of Five-Star Business Finance Ltd through open market on July 7, 2025. This raised its holding from 9.21% (27,118,560 shares) to 9.24% (27,220,079 shares) of the company's equity. The acquisition is small at just 0.03% of share capital and was disclosed under SEBI SAST Regulation 29(2). Wasatch remains below the 10% disclosure threshold but is gradually creeping closer to it.
This is a marginal, non-material increase by an existing large institutional investor, signalling continued FII confidence but with no meaningful change in ownership structure or stock price implication.