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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.6 pts more than Nifty Microcap 250 and 6.2 pts more than its Packaged Foods peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Authum Investment & Infrastructure Ltd, part of the promoter group of Prataap Snacks Ltd, acquired 27,027 equity shares (0.11%) through a market purchase on March 23, 2026. Post-acquisition, the promoter group's holding has risen from 42.88% to 42.99% of the company's equity share capital (2,39,00,929 shares of Rs. 5 each). This is a small incremental purchase consistent with the promoter group consolidating its stake well below the 50% takeover threshold. The disclosure is filed under Regulation 29(2) of the SEBI Takeover Regulations.
This is a minor promoter group purchase (0.11%) that signals continued promoter confidence in the company. With promoter holding at 42.99%, it remains comfortably below the 50% mark, so there is no immediate takeover or open offer trigger. The market impact is likely neutral as the volume is small.