The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for F L Dadabhoy & Others
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Awaiting price reaction for this filing.
Three individuals acting in concert — F.L. Dadabhoy, R.F. Dadabhoy, and N.F. Dadabhoy — have disclosed an open market purchase of 3,240 equity shares (0.064% of paid-up capital) of National Oxygen Ltd on 19 January 2026. Their combined holding has risen from 8.998% (4,53,720 shares) to 9.062% (4,56,960 shares). The acquirers have clarified they do not belong to the promoter or promoter group of the company. The disclosure was filed under Regulations 29(1) and 29(2) of the SEBI Takeover Regulations, 2011.
This is a small, incremental purchase by non-promoter individuals, so the immediate impact on shareholders or stock price is limited. However, the acquirers are now sitting just below the 10% regulatory threshold, which could attract further disclosures if they keep buying.