BSEIEL LtdHighPositive
Announced Wed, 19 Nov · 11:33 IST

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

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

Rajveer Dinesh Singh, along with PACs Garima Venture Finance Limited and Dineshsingh Umashankarsingh Kshatriya, has disclosed an open market purchase of 40,000 equity shares of IEL Limited on BSE on 17th November 2025. The acquirer group collectively held 1,04,75,299 shares (8.03%) before the acquisition and now holds 1,05,15,299 shares (8.06%) of the company. The individual acquirer Rajveer Dinesh Singh went from nil holding to 40,000 shares (0.03%), while the two PACs' holdings remained unchanged. The filing confirms the acquirer does not belong to the promoter or promoter group of IEL Limited.

Likely market impact

This is a minor creeping acquisition by a non-promoter group that has already crossed the 5% substantial shareholder threshold. The 0.03% incremental purchase is very small and unlikely to materially affect the stock price, but signals the acquirer group is gradually building its stake closer to the 10% disclosure threshold, which could attract further regulatory attention.