The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Banwari Lal Mittal and Luv Kush Projects Ltd & PACs
HEALTHX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Banwari Lal Mittal and Luv Kush Projects Ltd, part of the promoter group, acquired 1,90,355 equity shares (0.5984%) of Sastasundar Ventures through market purchase between November 17, 2025 and March 24, 2026. Of this, Banwari Lal Mittal bought 1,70,355 shares (0.5355%) and Luv Kush Projects Ltd bought 20,000 shares (0.0629%). After the purchase, total promoter group holding rose from 74.24% (2,36,15,272 shares) to 74.84% (2,38,05,627 shares) of the company's equity capital of 3,18,10,500 shares. This is a routine creeping acquisition disclosure, not a large block deal.
This is a small, confidence-inspiring purchase by promoters that nudges their stake closer to the 75% threshold, beyond which further creeping acquisitions are barred under takeover rules. The size of the purchase is minor, so the direct impact on share price is likely limited, but it signals promoter faith in the company.