Reg 29 update
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Konndor Industries Ltd has filed a SEBI SAST Regulation 29(2) disclosure on behalf of Mrs. Yashashri Jadhav, a non-promoter acquirer, reporting open market purchase of 6,13,900 equity shares of the company. The shares were bought across three trading days: 2,20,000 shares on May 13, 79,900 shares on May 14, and 3,14,000 shares on May 16, 2025. Post-acquisition, her total holding stands at 6,13,900 shares, representing 11.13% of the company's total share/voting capital (equity share capital is 55,18,200 shares). The disclosure confirms she does not belong to the promoter/promoter group, making this a non-promoter creeping acquisition crossing the 10% disclosure threshold.
A non-promoter entity holding 11.13% could attract market attention as it signals potential activist interest or strategic stake-building; shareholders should watch whether further purchases push her toward the 25% open-offer trigger threshold under SEBI takeover rules.