BSERGF Capital Markets LtdMediumNeutral
Announced Wed, 18 Feb · 09:55 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nishad Jitendra Shah

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Nishad Jitendra Shah, a non-promoter individual acquirer, has bought 44,27,548 equity shares (2.95%) of RGF Capital Markets Ltd through the open market on February 16, 2026. His holding went from 0% (nil shares) to 2.95% post this acquisition. The disclosure was filed on February 17, 2026 under Regulation 29(1) of SEBI's Takeover Regulations, since the acquisition exceeded the 2% creeping threshold. RGF Capital Markets has a total equity share capital of Rs. 15,00,24,000 (15.00 crore equity shares of Re. 1 each). The acquirer is clearly stated to not belong to the promoter or promoter group of the company.

Likely market impact

A non-promoter building a 2.95% open-market stake signals a fresh external investor interest in this small-cap stock. It does not change promoter control but brings the acquirer close to the 5% SAST disclosure threshold, meaning any further buying will trigger additional compliance filings.