The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sausan Mohammedali Bukhari & PACs
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Sausan Mohammedali Bukhari, along with persons acting in concert (PACs) including Salim Pyarali Govani and other promoter group entities, bought 1,10,000 equity shares of MSL Global Limited on the stock exchange on 19 February 2026. This represents 0.51% of the company's paid-up share capital. Before the purchase, the acquirer and PACs held 33,38,952 shares (15.82%); after the acquisition, their combined holding stands at 33,80,973 shares (15.78%). The transaction was carried out in the open market and has been disclosed under Regulation 29(2) of the SEBI Takeover Regulations, 2011. The acquirer belongs to the promoter/promoter group of the company.
This is a modest open-market purchase by the promoter group, signalling insider confidence in the company. However, the size is small (0.51%) and post-acquisition holding remains well below the 25% open-offer trigger threshold, so no major takeover implications are expected for retail shareholders.