The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Navraav Electro Ltd
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Navraav Electro Limited, classified as a Person Acting in Concert (PAC) and not part of the promoter group, acquired 18,849 equity shares of Osiajee Texfab Ltd through open market purchases between 3 June 2025 and 9 June 2025. This raised their holding from 0% to 0.34% of the company's total share capital and voting rights. The target company has a total equity share capital of 5,40,00,000 shares (5.4 crore). The disclosure was filed by Akashdeep Jain, Director of Navraav Electro Limited, on 9 June 2025.
This is a small, non-promoter acquisition with minimal impact on shareholding pattern. Retail investors should note that a non-promoter PAC has begun building a position, but at 0.34% the stake is too small to materially affect stock price or control dynamics.