Announced Mon, 23 Mar · 15:26 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Artha Shree Pvt Ltd & PACs

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

Price

Loading chart…

▲ 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
-3.0%1-day move
₹32.10
prior close
₹31.01
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.0+1.9+6.9+2.0-1.8+1.0+24.6+30.8+5.9
Up moveDown movePending
AI summary

Artha Shree Private Limited, along with Person Acting in Concert (PAC) Bharat Soni, acquired 1,52,440 equity shares (2.05% of paid-up capital) of Purshottam Investofin Ltd through open market purchases between March 13 and March 20, 2026. After this acquisition, the combined holding of Artha Shree and its PAC stands at 10,36,775 shares, or 13.96% of the company. Artha Shree alone now holds 13.34% (9,91,175 shares), up from 11.29% earlier. The acquirer is explicitly stated to NOT belong to the promoter or promoter group. Total equity capital of the company is 74,23,295 shares of INR 10 each, valued at approximately INR 7.42 crore in face value terms.

Likely market impact

With combined holding now at 13.96%, the acquirer is approaching the 15% threshold, beyond which an open offer to public shareholders would be triggered under SEBI takeover rules. Retail investors should watch for any further acquisitions that may trigger an open offer and potential change in control dynamics, though the acquirer is currently classified as a non-promoter.