Announced Mon, 16 Jun · 13:10 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for AVD Trust

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

AVD Trust has acquired 10,27,332 equity shares (14.46%) of One Global Service Provider Ltd through open market purchases on 26/03/2025. Before the acquisition, the trust held zero shares; after the transaction, its holding stands at 14.46% of the company's total equity/voting capital of 71,04,707 shares. The acquirer has confirmed it does not belong to the promoter or promoter group of the company. The disclosure was filed under Regulation 29(1) of SEBI's SAST Regulations, 2011, via the trustee Tridentia Consultants Pvt Ltd.

Likely market impact

A new non-promoter entity now holds over 14% of the company, signalling a significant change in shareholder base. This level of acquisition is close to the 15% disclosure threshold under SAST rules, so further buying could trigger additional regulatory disclosures and may influence stock price due to concentrated ownership.