Disclosure pursuant to Regulation 29(2) of SEBI (SAST) Regulations, 2011 - Creeping Acquisition
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Nexome Capital Markets Ltd has filed a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, indicating a creeping acquisition by the promoter. The actual document content could not be retrieved (the BSE page returned an error), so details such as the number of shares acquired, the acquirer's name, and the resulting promoter shareholding are not available. A creeping acquisition refers to a promoter buying up to 5% of a company's shares in a financial year without triggering an open offer. Without the underlying document, the exact quantum, date, and post-acquisition holding percentage cannot be confirmed.
Creeping acquisition disclosures signal promoter confidence in the company, but the lack of accessible details means investors should look for the full filing to assess whether the promoter is moving closer to any takeover threshold.