The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ketan Shah & PACs
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.0 pts more than Nifty Microcap 250 and 4.1 pts more than its Other Financial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Ketan Babulal Shah, acting in concert with Jeet Ketan Shah, sold 15,85,060 equity shares (1.46% of paid-up capital) of KBS India Limited through open market on 25 February 2026. The seller explicitly states that he does not belong to the Promoter or Promoter Group of the company. Post-sale, his holding stands reduced from 83,24,589 shares (7.69%) to 67,39,529 shares (6.23%). The disclosure was filed with BSE on 27 February 2026 in compliance with SEBI Takeover Regulations.
This is a routine SAST disclosure from a non-promoter shareholder trimming his position by about 1.46%. With no promoter involvement and the seller's stake still well above the 5% disclosure threshold, there is no immediate governance or takeover-related concern for existing shareholders.