The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Artha Shree Pvt Ltd
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Artha Shree Private Limited, along with Person Acting in Concert (PAC) Bharat Soni, acquired 1,65,000 equity shares (2.22% of paid-up capital) of Purshottam Investofin Limited on March 10, 2026, through open market purchases. The acquirer's combined holding has risen from 9.69% to 11.91% post-acquisition, crossing the 10% substantial shareholder threshold. The acquirer clarified that it does not belong to the promoter or promoter group of the company. The target company has a total paid-up equity capital of ₹7.42 crore, consisting of 74,23,295 shares of face value ₹10 each.
This is a creeping acquisition that has pushed the non-promoter acquirer's stake above the 10% disclosure trigger, which could attract further open-market buying or potential open offer obligations if the stake crosses 25%. Shareholders should monitor for any further accumulation or mandatory open offer requirements under SEBI takeover norms.