The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Indianivesh Capitals Ltd
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IndiaNivesh Capitals Limited (the acquirer), which is NOT part of the promoter/promoter group, has acquired 17,97,070 equity shares (4.76% of total share capital) of IndiaNivesh Limited through an off-market transaction on 8th April 2025. Prior to this acquisition, the acquirer held zero shares in the target company, so this represents a fresh entry. After the deal, the acquirer's total holding stands at 17,97,070 shares, equating to a 4.76% stake in IndiaNivesh Limited. The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations, 2011, and signed by Snehlata Nuwal from the seller's side.
This is a non-promoter entity building a meaningful stake in IndiaNivesh Limited, sitting just under the 5% regulatory threshold. Investors should watch for further acquisitions by IndiaNivesh Capitals Ltd, as any additional purchase would trigger a mandatory open offer obligation under SEBI takeover norms.