The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sausan Bukhari & PACs
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Sausan Mohammedali Bukhari, acting in concert with Salim Pyarali Govani and several PACs (all part of the promoter group), bought 1,10,000 equity shares of MSL Global Limited on the BSE through the open market on 19 February 2026. The acquisition represents 0.51% of the company's paid-up equity capital. Before the deal, the promoter group held 33,38,952 shares (15.82%); after the purchase, their holding stands at 33,80,973 shares (15.78% of total share capital of 2,14,19,487 shares). The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations, 2011, which mandates reporting of any acquisition of 2% or more in a financial year by promoter-group entities. The transaction is a routine, small-ticket promoter purchase well within SEBI's creeping acquisition limits.
A promoter-group open market purchase is generally viewed as a signal of insider confidence in the company. However, the size is modest (0.51%) and unlikely to move the share price materially; investors should watch for further accumulation patterns.