BSEProdocs Solutions LtdMediumNeutral
Announced Sat, 14 Mar · 12:06 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hitesh Natwarlal Kawa & PACs

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
1-day move
₹192.20
prior close
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.1+1.5-1.1-5.0-0.6+7.2-8.9
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AI summary

Hitesh Natwarlal Kawa along with Persons Acting in Concert (Hitesh N Kawa Huf, Natwarlal K Kawa, Roopal Hitesh Kawa, and Insightloop Services Pvt Ltd) has filed a SEBI SAST Regulation 29(1) disclosure with BSE for Prodocs Solutions Ltd. The acquirer group, which is NOT part of the promoter/promoter group, increased its combined shareholding from 1,76,000 shares (2.50%) to 3,63,000 shares (5.15%) — a net addition of 1,87,000 equity shares representing 2.65% of the company. The shares were acquired through a mix of the IPO and open market purchases between 12 December 2025 and 12 March 2026. The total equity capital of the company remains Rs 7.05 crore (70,50,000 shares of Rs 10 each). The acquirer's individual holding rose from 2.40% to 4.13%, with the bulk of fresh buying (1,22,000 shares) done in his own name and 65,000 shares bought by Roopal Hitesh Kawa.

Likely market impact

This is a non-promoter entity steadily building a meaningful stake and crossing the 5% disclosure threshold, which could be watched as a potential signal of further accumulation. Shareholders should track any future filings approaching the 10% mark or the 15% open-offer trigger level for non-promoters under SAST rules.