The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Odd & Even Trades & Finance Ltd
MAHSEAMLES · price
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Maharashtra Seamless Ltd filed a disclosure under SEBI SAST Regulation 29(2) on behalf of promoter group entity Odd & Even Trades & Finance Ltd. The acquirer purchased 963,715 equity shares (0.71% of total share capital) through open market transactions between 19 June 2025 and 24 March 2026. This raised the entity's total holding from 23,377,000 shares (17.45%) to 24,330,715 shares (18.16%). The total equity share capital of the company remained unchanged at approximately Rs. 66.99 crore. The acquisition was carried out by a promoter group entity, signalling continued confidence from the promoter group.
This is a positive signal for retail investors as promoter group buying typically reflects insider confidence in the company's prospects. A rise in promoter holding from 17.45% to 18.16% may support the stock price and indicate the promoters view current valuations as attractive.