BSEOsiajee Texfab LtdMediumPositive
Announced Thu, 5 Jun · 11:27 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Akashdeep Jain

Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership Changes View source PDF

Price

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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

Mr. Akashdeep Jain, a relative of the promoter and part of the Person Acting in Concert (PAC) group, bought 29,840 equity shares of Osiajee Texfab on June 2, 2025 through the open market. His holding rose from 3.61% (1,94,696 shares) to 4.16% (2,24,536 shares), an increase of 0.55%. The disclosure was filed under Regulation 29(2) of SEBI SAST Regulations, 2011 with the BSE on June 3-4, 2025.

Likely market impact

This is a small, incremental purchase by a promoter-group associate, which generally signals quiet confidence but is unlikely to move the stock on its own given the modest size (below 1%). Investors may note that the acquirer is edging closer to the 5% disclosure threshold.