The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Salim Pyarali Govani & PACs
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Awaiting price reaction for this filing.
Salim Pyarali Govani along with six Persons Acting in Concert (PACs) — Foresight Holdings Pvt Ltd, Indusage Advisors Ltd, Sausan Mohammedali Bukhari, Mishal Salim Govani, Sonia Salim Govani, and Aimann Salim Govani — bought 34,695 equity shares of MSL Global Ltd on the open market on March 5, 2026. This represents 0.17% of the company's paid-up share capital, taking the promoter group's total holding from 33,80,973 shares (15.78%) to 34,15,668 shares (15.95%). The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations, 2011. The total share capital of the company stands at 2,14,19,487 shares.
This is a modest promoter buy that slightly raises the promoter group's stake but remains well below any takeover threshold. It signals continued promoter confidence in the company, though the size of the purchase (just 0.17%) is too small to materially move the stock price.