MAHSEAMLESBSEMaharashtra Seamless LtdMediumNeutral
Announced Wed, 25 Feb · 16:55 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Haryana Capfin Ltd

Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership Changes View source PDF

MAHSEAMLES · price

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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

Haryana Capfin Limited, part of the promoter/promoter group of Maharashtra Seamless Ltd, acquired 603,260 equity shares (0.46%) through open market purchases between 11 March 2025 and 23 February 2026. This raises its holding from 57,05,080 shares (4.25%) to 63,08,340 shares (4.71%) of the company. The acquisition was disclosed under Regulation 29(2) of SEBI Takeover Regulations. Total equity share capital remained unchanged at Rs.66,99,96,260. The promoter group entity is approaching the 5% disclosure threshold.

Likely market impact

This is a modest open-market purchase by a promoter group entity, signalling continued promoter confidence in the company. With holding now at 4.71%, any further accretion may trigger the 5% creeping acquisition disclosure limit, which investors should watch.