The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Tusk Investments Ltd
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Tusk Investments Ltd (formerly Amodini Sales Private Limited), a public-category shareholder (not part of promoter/promoter group), has disclosed the acquisition of 20,08,032 equity shares of Kilburn Engineering Ltd. The shares were acquired via conversion of warrants into equity shares through a preferential allotment. The disclosure was filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers (SAST) Regulations, 2011. Tusk Investments, based in Kolkata, holds these shares in the public category. The shares of Kilburn Engineering are listed on both BSE (scrip code 522101) and the Calcutta Stock Exchange.
This is a routine regulatory disclosure following a preferential warrant conversion. Since the acquirer is a public-category shareholder and not a promoter, this does not change the promoter holding. Shareholders should note an increase in public shareholding through warrant conversion, which slightly dilutes existing shareholding proportionally.