BSEIcon Facilitators LtdMediumNeutral
Announced Tue, 24 Feb · 16:58 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dinesh Makhija

Promoter Stake BuyOwnership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Dinesh Makhija, part of the promoter group of Icon Facilitators Limited, has disclosed an open market purchase of 9,600 equity shares on February 24, 2026. This takes his holding from 41,60,100 shares (52.93%) to 41,69,700 shares (53.05%) of the company. The total equity share capital of the company stands at 78,59,600 shares of Rs. 10 each, valuing the share capital at around Rs. 7.86 crore. The disclosure has been made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, on the BSE where the company is listed (scrip code 544426).

Likely market impact

This is a small incremental purchase by the promoter, signaling continued confidence in the company. However, the size of the acquisition is marginal (0.12% of equity), so the direct impact on share price or shareholder sentiment is likely limited.