The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Times Growth Securities Ltd
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Indo City Infotech Ltd filed a SEBI disclosure on behalf of Times Growth Securities Ltd, a promoter group entity, reporting an open market purchase of 4,083 equity shares on December 9-10, 2025. Before the transaction, Times Growth Securities held 4,30,917 shares (4.14% stake), and after the purchase its holding increased to 4,35,000 shares (4.18%). The acquisition was made through the open market route, with no encumbrances or convertible instruments involved. The company's total equity share capital stands at 1,04,00,000 shares of Rs. 10 each.
This is a small incremental stake increase (just 0.04%) by the promoter group, indicating a routine confidence-building buy rather than a major strategic move. For retail investors, this signals promoter belief in the company but is too small in size to materially influence share price or shareholding dynamics.