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, part of the promoter group of Prataap Snacks Ltd, has acquired 80,000 equity shares (0.33% stake) through a market purchase on March 30, 2026. This takes Authum's total holding in Prataap Snacks from 1,04,35,736 shares (43.66%) to 1,05,15,736 shares (44.00%). The acquisition was made in ordinary equity shares of face value Rs. 5 each. This disclosure has been filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Authum continues to consolidate its position as a key promoter in Prataap Snacks, now holding 44% — meaningfully below the 50% mark but closing in on it. The relatively small 0.33% increase suggests steady accumulation rather than a major shift, though the trend may concern some retail investors who prefer diversified ownership.