BSEMadhusudan Securities LtdMediumPositive
Announced Tue, 10 Mar · 10:38 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Salim Govani & PACs

Promoter Stake BuyOwnership 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

Salim Pyarali Govani, Managing Director of MSL Global Limited, along with his Persons Acting in Concert (PACs), bought 3,577 equity shares on the Bombay Stock Exchange on March 9, 2026. This is a small open-market purchase representing just 0.01% of the company's paid-up share capital. Following this acquisition, the promoter group's holding has marginally increased from 15.95% (34,15,668 shares) to 15.96% (34,19,245 shares) of the company. The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations, which mandates reporting of any change in shareholding by promoters or major shareholders.

Likely market impact

This is a very minor increase in promoter holdings (just 0.01%) and is unlikely to have any meaningful impact on the stock price or shareholder value. It signals continued promoter confidence but is too small to indicate a significant accumulation strategy.