Riyaz Ganji has Submitted to the Exchange a copy of Disclosure under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
LIBAS · price
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Promoter Riyaz Ganji acquired 101,272 equity shares (0.38%) of Libas Consumer Products Limited through open market purchase on March 30, 2026. Prior to the acquisition, the promoter held 43,01,290 shares representing 16.33% of the total share capital of 2,63,44,580 shares. After the transaction, the holding increased to 16.71%. This is a routine promoter disclosure under SEBI's substantial acquisition regulations.
The open market purchase by a promoter indicates confidence in the company. The small incremental stake (0.38%) suggests a gradual accumulation pattern. The promoter's holding remains well below the SEBI threshold requiring open offer triggers.