The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Artha Shree Pvt Ltd & Bharat Soni
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Artha Shree Private Limited and Bharat Soni (acting as persons acting in concert) have acquired 7,19,335 equity shares of Purshottam Investofin Limited, representing 9.69% of the paid-up equity share capital. The acquisition was made through open market purchases on 26 February 2026 and 9 March 2026, and both acquirers had zero holding in the company before this transaction. The acquirers have explicitly stated that they do not belong to the promoter or promoter group of the company. Artha Shree Pvt Ltd holds 6,73,735 shares (9.07%) and Bharat Soni holds 45,600 shares (0.62%) post-acquisition.
A new non-promoter entity has built a significant 9.69% stake in the company via open market purchases, which is just below the 10% SAST trigger threshold. Shareholders should watch for any further acquisition that could cross 10% and trigger mandatory open offer obligations under SEBI takeover regulations.