BSEKalind LtdMediumNeutral
Announced Wed, 17 Sept · 10:02 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Indo Thai Securities Ltd & PACs

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Indo Thai Securities Limited along with 9 Persons Acting in Concert (PACs), who are non-promoters, were allotted 30,29,588 equity shares of Arunis Abode Limited under a Rights Issue on September 15, 2025. Before the allotment, the group's total holding was just 4,326 shares (0.14%), which rose to 30,33,914 shares (5.95%) post-allotment. The company's total equity share capital expanded sharply from Rs. 3 crore (30 lakh shares) to Rs. 51 crore (5.1 crore shares) following the rights issue of 4.8 crore equity shares. The acquisition is purely through the rights issue route and the acquirer has confirmed it does not belong to the promoter group.

Likely market impact

The acquirer group has crossed the 5% disclosure threshold under SAST regulations, taking their combined stake to 5.95%. For shareholders, this is a routine rights issue allotment disclosure rather than a market purchase, so there is no immediate open offer trigger or negative price implication. However, the group is now in the 5–25% band where creeping acquisition limits apply for any future purchases.