Announced Fri, 27 Mar · 12:55 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Atharva Professional Consultants LLP

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+4.3%1-day move
₹11.75
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AI summary

Atharva Professional Consultants LLP, a non-promoter entity, has acquired 714,286 equity shares of Raconteur Global Resources Ltd through open market purchase on 18th March 2026. Before this acquisition, the LLP held zero shares in the company. After the purchase, its holding stands at 6.63% of total share/voting capital and 3.96% of the diluted share/voting capital. The acquisition triggered a disclosure under SEBI's Takeover Regulations since the stake crossed the 5% reporting threshold. The company's total share capital increased from Rs. 5.21 crore to Rs. 10.78 crore, suggesting recent issuance as well.

Likely market impact

This is a significant new institutional/LLP entry into the company, with a single buyer taking a sizeable 6.63% stake in one transaction. Shareholders should note the presence of a new sizeable non-promoter shareholder, which could influence future corporate actions or block negotiations.