The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Authum Investment & Infrastructure Ltd
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Authum Investment & Infrastructure Ltd, a non-promoter entity, has disclosed the acquisition of 1,60,000 equity shares (0.67%) of Prataap Snacks Ltd through a market purchase on March 27, 2026. This takes Authum's total holding in Prataap Snacks from 1,02,75,736 shares (42.99%) to 1,04,35,736 shares (43.66%). The acquisition was disclosed under SEBI's Takeover Regulations (Reg. 29(2)). Part-B of the filing clarifies that Authum is not part of the promoter or promoter group of Prataap Snacks. No change in the target company's total share capital was noted — it remains at 2,39,00,929 equity shares of Rs. 5 each.
Authum continues to consolidate its position as the largest non-promoter shareholder in Prataap Snacks. With over 43% holding, any further purchases could attract additional regulatory scrutiny or market attention, though the next open offer trigger (75%) is still distant. For retail shareholders, this signals sustained confidence by a major institutional-style investor in the company.