The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Seshasayee Paper and Boards Ltd
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Seshasayee Paper and Boards Limited, part of the promoter group of High Energy Batteries (India) Ltd, acquired 5,921 equity shares (face value Rs. 2 each) on March 27, 2026 through open market purchases on BSE at Rs. 519.61 per share. The acquisition increased the promoter group's holding from 15,96,460 shares (17.810%) to 16,02,381 shares (17.876%) of the company. The total equity share capital of High Energy Batteries stands at 89,63,840 shares. The disclosure was filed on the same day as the acquisition, in compliance with SAST Regulations.
This is a small incremental purchase (0.066% increase) by the promoter group, signalling continued promoter confidence in the company. The market price paid (Rs. 519.61) provides a reference point and may be viewed positively by retail investors, though the size of the acquisition is minor and unlikely to move the stock significantly.