The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bhavishya Ecommerce Pvt Ltd & PACs

Creeping acquisition near the thresholdOwnership Changes View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-0.6%Reaction day

₹7.24

prior close

₹7.18

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.8%+2.3% vs market

Diversified peers, median of 12sector-1.0%+0.5% vs sector

On the reaction day the stock moved 2.3 pts more than Nifty Microcap 250 and 0.5 pts more than its Diversified peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.0

15m

-2.2

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6-2.8+2.3-1.0+0.5

Next day

-0.4-2.0+1.5-1.6+1.2

-3.5-6.5+3.0-4.7+1.3

-4.1-3.8-0.3-4.1-0.0

-3.6-1.5-2.1+0.3-3.9

-6.8-4.3-2.5-4.3-2.5

-6.2-2.8-3.5-0.0-6.2

15d

+51.8+8.2+43.6+9.0+42.8

+78.2+10.1+68.1+9.3+68.9

+73.2+12.4+60.8+7.9+65.3

+51.5+23.5+28.0+8.8+42.7

UpDownMarket · Nifty Microcap 250Sector · Diversified peers, median of 12Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Bhavishya Ecommerce Private Limited, along with Persons Acting in Concert (Nilesh Devendraprasad Dave, Jigna Jigarkumar Shah, Preeti Zain, and Goutam Choraria), has acquired 43,22,580 equity shares of Panth Infinity Ltd through a preferential allotment. The shares were issued by converting an outstanding unsecured loan into equity. After the allotment, the acquirer's holding stands at 7.84% of the total share capital. Panth Infinity's total equity share capital expanded from 2,49,72,228 shares (Rs. 24.97 crore) to 5,51,58,758 shares (Rs. 55.16 crore), more than doubling the share base. The acquirer has explicitly stated they do not belong to the promoter or promoter group of the company. The allotment was completed on March 17, 2026.

Likely market impact

The preferential allotment has significantly diluted existing shareholders, with the total share count more than doubling. A non-promoter entity now holds 7.84%, sitting just below the 10% SAST trigger threshold — any further acquisition could attract additional disclosure obligations.