Announced Thu, 18 Jun · 08:30 IST
Promoter Mili Jignesh Sheth raises Multiplus Holdings stake to 11.17 pct
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Mili Jignesh Sheth, part of the promoter group of Multiplus Holdings, acquired 62,000 equity shares (3.29 percent) via off-market deal on 16 June 2026. Her holding rose from 1,48,125 shares (7.88 percent) to 2,10,125 shares (11.17 percent), crossing the 10 percent substantial shareholder threshold. This triggered the SAST Regulation 29(1) disclosure to BSE.
Likely market impact
Promoter buying signals confidence in the company; crossing the 10 percent threshold may attract further disclosure obligations under takeover norms.