The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Seshasayee Paper & Boards Ltd
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Seshasayee Paper and Boards Ltd, part of the promoter group, purchased 1,092 equity shares of High Energy Batteries India Ltd on March 24, 2026 through open market on BSE at Rs. 524.77 per share. This acquisition represents just 0.012% of the company's equity capital. As a result, the promoter group's total holding has increased marginally from 17.798% (15,95,368 shares) to 17.810% (15,96,460 shares). The total equity share capital of the company stands at 89,63,840 shares with a face value of Rs. 2 each.
This is a very small, routine promoter group purchase that signals continued confidence in the company. Given the negligible size (0.012%), there is unlikely to be any meaningful impact on the stock price or shareholder structure.