Announced Tue, 9 Sept · 11:01 IST

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

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

Kriyansh Gold Private Limited, a non-promoter entity, acquired 11,68,500 equity shares representing 7.77% of Bhakti Gems and Jewellery Limited through an off-market purchase on September 1, 2025. Prior to this acquisition, the acquirer held zero shares, making this a fresh entry into the company. Bhakti Gems has a total equity share capital of 1,50,39,518 shares (₹15.04 crore). The acquirer has crossed the 5% SAST disclosure threshold and now holds 7.77%, placing it close to the next regulatory threshold of 10%. The disclosure was filed on September 2, 2025, signed by director Arunaben Mahendrakumar Shah.

Likely market impact

A non-promoter acquiring a 7.77% stake off-market suggests a strategic or block-deal interest in Bhakti Gems. Investors should monitor for further disclosures, as any additional purchase approaching 10% could trigger another SAST filing and indicate creeping acquisition.