The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shakuntala Safeinvest Pvt Ltd & PACs
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Promoter entity Shakuntala Safeinvest Pvt Ltd acquired 38,200 equity shares (0.03%) through open market purchase on 13 May 2026. The acquisition increased Shakuntala Safeinvest's holding from 37.43% to 37.46% of total share capital (12,49,02,045 equity shares). Combined with other Persons Acting in Concert (PACs) including Rajesh Mittal, Trade Combines partnership firm, Mittal Business Holdings Trust and others, the total promoter group holding rose marginally from 51.89% to 51.93%. The transaction was disclosed under Regulation 29(2) of SEBI SAST Regulations, 2011.
The promoter group increased its holding by a small quantum but remains firmly above the 50% threshold at 51.93%. This open market purchase demonstrates continued promoter confidence in the company, though the small size limits any immediate market impact.