Announced Fri, 20 Feb · 17:03 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajasthan Global Securities Pvt Ltd & PAC

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

Rajasthan Global Securities Pvt Ltd (along with PAC LRSD Securities Pvt Ltd), a non-promoter entity, acquired 1,99,200 equity shares (2.43%) of GB Logistics Commerce Ltd through open market purchases on 16.02.2026. Post-acquisition, the acquirer's holding has risen from 5.27% (4,32,000 shares) to 7.70% (6,31,200 shares) of the company's paid-up equity capital. The total equity capital of the company stands at 81,94,448 shares of Rs. 10 each. This filing is made under Regulation 29(2) of SEBI Takeover Regulations to disclose the creeping acquisition.

Likely market impact

The acquirer is steadily building a non-promoter stake and is now approaching the 10% trigger threshold under the Takeover Code (currently at 7.70%), which could lead to an open offer obligation if it crosses 10%. Retail investors should monitor further disclosures from this entity, as continued buying may signal a potential strategic interest or a creeping takeover attempt in the company.