The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aryan Malik along with Mrs. Puja Malik
RACE · price
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Aryan Malik, along with person acting in concert (PAC) Mrs. Puja Malik, has filed a disclosure under SEBI's Takeover Regulations for a tiny open-market purchase of just 5 shares of Race Eco Chain Ltd on 17 March 2026. Before the transaction, they held 10,08,181 shares (5.84% of the company); after the purchase, their holding stands at 10,08,186 shares, still 5.84%. The acquirers are explicitly stated to NOT be part of the promoter or promoter group. This is a routine regulatory disclosure for a non-promoter individual who is already past the 5% shareholding threshold.
The acquisition is negligible (5 shares) and is purely a compliance filing with no meaningful change in ownership or stock-price impact. Shareholders should note that a non-promoter entity now holds over 5% of the company, but there is no indication of a larger accumulation strategy.