The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Gaurav Mittal & Others
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
ITCONS E-Solutions has informed BSE about a disclosure filed under SEBI's Takeover Regulations by Mr. Gaurav Mittal on behalf of the company's Promoter and Promoter Group. The promoter group has acquired 12,58,200 equity shares of the company through the conversion of an equivalent number of warrants into equity shares. This transaction was reported by the Company Secretary, Pooja Gupta, on January 31, 2026, in compliance with Reg. 29(2) disclosure norms. The warrant conversion increases the promoter group's equity holding in the company.
This is a positive signal for existing shareholders as promoters are increasing their stake, indicating confidence in the company. The conversion of warrants into equity shares also strengthens the promoter group's commitment and may reduce dilution overhang from outstanding warrants.