The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Securocrop Securities India Pvt Ltd & PACs
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Securocrop Securities India Pvt Ltd, along with Persons Acting in Concert (Race Eco Chain Ltd, BLP Equity Research Pvt Ltd, and Sangeeta Pareekh), has disclosed an open market acquisition of 2,22,600 equity shares (1.06%) of Prime Industries Ltd on April 21, 2025. The acquirer's combined holding has risen from 23.27% (48,87,575 shares) to 24.33% (51,10,175 shares) of the company's equity share capital. The filing explicitly states that the acquirer does not belong to the promoter or promoter group. Prime Industries has a total equity share capital of Rs. 10.50 crore comprising 2,10,03,400 shares of Rs. 5 each.
The acquirer group is now sitting just below the 25% open offer trigger threshold under SEBI takeover rules. Any further acquisition beyond 25% would require a mandatory open offer to public shareholders. Retail investors should watch for further disclosures as this entity inches closer to the trigger level.