Announced Tue, 6 May · 10:31 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Forbes Campbell Finance Ltd

Promoter Stake BuyCreeping 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

Forbes Campbell Finance Ltd, part of the promoter group, bought 5,590 equity shares of Forbes Precision Tools and Machine Parts Ltd through the open market on May 2, 2025. This is a small purchase that nudged its holding from 21,30,002 shares (4.13%) to 21,35,592 shares (4.14%), a rise of just 0.01%. The transaction was disclosed under Regulation 29(2) of the SEBI Takeover Code, which applies to incremental shareholding changes in the creeping acquisition range (2% to 5%). The total share capital of the company remained unchanged at 5,15,94,464 equity shares, and no encumbrance, pledge, or off-market transfer was involved.

Likely market impact

This is a routine, very small open-market purchase by a promoter group entity. It signals modest promoter confidence but is too small (just 5,590 shares) to meaningfully affect stock price or shareholder value. Retail investors should note the promoter group entity is now at 4.14%, inching closer to the 5% disclosure threshold, which could trigger further disclosures if more buying follows.