The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Navigant IR Services Pvt Ltd & Other
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Navigant IR Services Private Limited, part of the promoter group of Navigant Corporate Advisors Ltd (along with Sarthak Vijlani and Priyanka Vijlani), has purchased 10,000 equity shares (0.32%) via off-market deal on July 17, 2025. As a result, the promoter group's combined holding increased from 12,57,750 shares (39.89%) to 12,67,750 shares (40.21%) of the company's voting capital. The acquisition caused the promoter holding to cross the 40% threshold, which is a key regulatory milestone under SEBI takeover rules. The total share capital of the company remains unchanged at 31,52,750 equity shares.
This is a small, confidence-building purchase by the promoter group rather than a large transaction, suggesting promoter faith in the company. Crossing the 40% mark means the promoter group now has heightened disclosure and regulatory obligations under SEBI's takeover code, which could limit further acquisitions without open offer trigger.