The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Orpheus Trading Pvt Ltd
IIFLCAPS · price
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Orpheus Trading Private Limited, part of the promoter and promoter group of IIFL Capital Services Ltd, bought 10,00,000 equity shares (0.32%) of the company through open market transactions on June 20, 2025. Before this purchase, Orpheus held 30,19,500 shares (0.97%); after the acquisition, its holding stands at 40,19,500 shares (1.30%). The acquirer is part of the promoter group, which includes Nirmal Jain, Madhu N Jain, Venkataraman Rajamani, certain family trusts, and Ardent Impex Pvt Ltd. The disclosure was filed with BSE and NSE on June 23, 2025 under SEBI Takeover Regulations, 2011. The acquisition is incremental and does not breach any takeover trigger thresholds on a standalone basis.
This signals continued promoter group confidence and incremental accumulation in IIFL Capital Services. While the purchase size is small, promoter buying in the open market is generally viewed positively by retail investors as it indicates insider belief in the company's value.