Announced Mon, 12 May · 12:11 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Manish Mishra & Others

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Manish Mishra, along with seven other persons (Anshu Mishra, Dipak Dwiwedi, Vivek Chauhan, Vivek Mishra, Manorma Mishra, Shivakar Mishra, and Kratika Sharma), disclosed an open-market purchase of 2,75,533 shares (2.66%) of ETT Limited on September 27, 2022. This took their combined holding in the company from 10,61,911 shares (10.24%) to 13,37,444 shares (12.90%). The acquirers have stated they are not part of the promoter or promoter group. The disclosure is being filed in 2025 to comply with directions from SEBI's Settlement Division, though the acquirers have reserved the right to challenge the 'persons acting in concert' classification and pursue adjudication proceedings.

Likely market impact

This is a delayed regulatory disclosure (transaction from 2022, filed in 2025) rather than fresh market activity, so it is unlikely to cause any immediate stock price movement. However, retail investors should note that a non-promoter group now holds nearly 13% of ETT Limited, and any further purchases pushing their stake closer to the 25% takeover threshold could trigger additional SAST disclosure requirements.