The Exchange has received the disclosure under Regulation 29(1) 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 Bharat Soni, has disclosed the acquisition of 7,19,335 equity shares (9.69%) of Purshottam Investofin Limited through open market purchases on 26 February and 9 March 2026. Prior to this acquisition, the acquirer held 0% stake in the company. Artha Shree acquired 6,73,735 shares (9.07%) while Bharat Soni acquired 45,600 shares (0.62%). The acquirer has explicitly stated it does not belong to the promoter or promoter group of the target company. The total paid-up equity capital of Purshottam Investofin stands at ₹7.42 crore divided into 74,23,295 equity shares of ₹10 each.
This is a non-promoter open market acquisition that takes the acquirer's stake to just below the 10% threshold, which if crossed would trigger a mandatory open offer under SEBI takeover rules. Shareholders should monitor whether further purchases push the stake past 10%, which could lead to an open offer event and impact stock price.