The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Blue Angel Stock Brokers Pvt Ltd
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Blue Angel Stock Brokers Private Limited, a non-promoter entity, has disclosed the acquisition of an additional 6,225,000 equity shares (1.05% stake) of Pro Fin Capital Services Ltd through open market purchase on March 27, 2026. After this acquisition, Blue Angel along with persons acting in concert (PACs) holds 58,400,000 shares, representing 9.85% of the company's total share capital (total equity share capital of Rs 59,25,94,326 comprising 59,25,94,326 shares of Rs 1 each). The acquirer has explicitly confirmed it does not belong to the promoter or promoter group of the target company. This filing was made under SEBI SAST Regulation 29(1), which mandates disclosure when an acquirer's shareholding crosses certain thresholds.
Blue Angel's holding has now reached 9.85%, sitting very close to the 10% regulatory threshold. Any further purchase beyond 10% could trigger open offer obligations under takeover regulations, so shareholders should watch for additional disclosures. The buying by a non-promoter stock broking entity suggests potential strategic interest in this small-cap company (BSE scrip code 511557).