BSEPURSHOTTAM INVESTOFIN LTD· FinanceHighNeutral
Announced Wed, 26 Aug, 2026 · 10:55 IST

Non-promoter group crosses 5% stake via open market buy

Creeping Acquisition Near ThresholdOwnership Changes View source PDFExplain this filing

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Price reaction

Awaiting price reaction for this filing.

AI summary

Prabhusar Algotech Pvt Ltd along with PACs Pramod Kumar Jain and Vinita Jain bought 2,95,675 equity shares (3.98%) of Purshottam Investofin in the open market on 24 Aug 2026. Total group holding rose from 1.21% (89,939 shares) to 5.19% (3,85,614 shares). The acquirers are not part of the promoter group. Disclosure filed under SEBI SAST Regulations Reg 29(1).

Likely market impact

Non-promoter entity has crossed the 5% disclosure threshold, suggesting active interest and possible further accumulation ahead.