The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jagsakti Merchandise Pvt Ltd
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Jagsakti Merchandise Private Limited, a non-promoter entity, has revised and resubmitted its disclosure for an off-market sale of 2,22,812 equity shares (4.64%) of Bangalore Fort Farms Limited. The sale took place between 17 October 2025 and 24 October 2025, reducing Jagsakti's holding from 7,95,000 shares (16.56%) to 5,72,188 shares (11.92%). The equity share capital of the target company remained unchanged at 47,99,400 shares. The original filing had discrepancies that were flagged via an email on 12 December 2025, prompting the revision.
This is a non-promoter off-market sale reducing the acquirer's stake but keeping it above the 10% disclosure threshold; retail investors should note the shareholder composition change but there is no direct impact on promoter control or share price.