Announced Mon, 2 Mar · 15:00 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Manju Mundhra

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

Manju Mundhra, along with person acting in concert (PAC) Naresh Kumar Mundhra, has filed a disclosure under SEBI's Takeover Regulations regarding an open market acquisition of equity shares of Growington Ventures India Ltd. The acquirers do not belong to the promoter/promoter group. Manju Mundhra bought 1,10,00,000 shares (1.71%), while Naresh Kumar Mundhra sold 10,00,000 shares (0.15%), resulting in a net addition of 1,00,00,000 shares (1.56%) on 26.02.2026. Combined holding of the acquirer and PAC rose from 2,68,07,733 shares (4.17%) to 3,68,07,733 shares (5.73%) of the company's equity capital, thereby crossing the 5% disclosure threshold.

Likely market impact

This is a non-promoter acquisition that has pushed the acquirer group's stake above the 5% SAST disclosure threshold, meaning further purchases above certain limits could trigger an open offer obligation. Retail investors should monitor whether the buying continues, as creeping acquisitions near regulatory limits can signal an emerging non-promoter block in the company.