BSEPURSHOTTAM INVESTOFIN LTD· FinanceHighNeutral
Announced Wed, 2 Sept, 2026 · 10:52 IST

Prabhusar Algotech acquires 7.72% of Purshottam Investofin

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 Private Limited bought 572,869 equity shares, equal to 7.72% of paid-up capital, through open market purchases on 26, 27 and 31 August 2026. Including Pramod Kumar Jain and Vinita Jain, the group's holding rose from 5.19% to 12.91%.

Likely market impact

The non-promoter group's combined holding rose to 12.91% from 5.19%, a material ownership change that may increase market scrutiny.