The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chaman Suresh Pansari
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Chaman Suresh Pansari, part of the promoter group of Rashi Peripherals Ltd, has filed a Regulation 29(1) disclosure for acquiring 23,94,000 shares, representing 3.63% of the company's total share capital. His pre-transaction holding stood at 25,79,934 shares (3.91%), which after the acquisition rises to 49,73,934 shares (7.55%). This is a creeping acquisition by the promoter, taking his holding closer to the 10% SAST disclosure threshold. The disclosure was filed on August 23, 2025, and pertains to Rashi Peripherals Limited, a listed IT distribution company.
Promoter buying more shares is generally viewed as a positive signal of insider confidence in the company. Shareholders should note that promoter holding has materially increased, though it remains below 10% and well below the 50% mark. Further buying by the promoter could push holding closer to or past the 10% threshold, triggering additional disclosures.