BSEInfonative Solutions LtdMediumNeutral
Announced Sat, 26 Apr · 14:31 IST

Disclosure in terms of Regulations 29(1) of SEBI (SAST) Regulations, 2011 by Rajasthan Global Securities Private Limited

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

Rajasthan Global Securities Pvt. Ltd., along with person acting in concert Lalit Dua, has acquired 1,50,400 equity shares (1.27%) of Infonative Solutions Limited through allotment in the company's IPO. This takes their total holding in the company from 4,91,200 shares (4.15%) to 6,41,600 shares (5.42%). The acquirer does not belong to the promoter or promoter group of the company. The disclosure was filed under Regulation 29(1) of SEBI (SAST) Regulations, 2011, as the acquisition crossed the 5% substantial shareholder threshold. The equity share capital of Infonative Solutions remains at 1,18,47,800 shares, listed on BSE-SME.

Likely market impact

A non-promoter entity crossing the 5% shareholding threshold is a regulatory disclosure event and signals increased institutional/strategic interest in the stock. Retail investors should note this new substantial shareholder, though it does not directly impact share price or promoter control.