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

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 14 horizons · vs prior close

-5.7%1-day move

₹46.15

prior close

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base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————-5.7+5.5+10.7+8.4+6.3+4.2+2.8-3.0+1.8-4.9

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AI summary

Akshay Shah HUF has disclosed acquisition of 5,00,000 equity shares (representing 9.86% of diluted share capital) in Saptak Chem And Business Ltd through preferential allotment. The acquisition took place on 6th April 2026. The acquirer's holding before the transaction was nil, and post-acquisition holding stands at 5,00,000 shares (16.27% of total share capital as per form, or 9.86% of diluted capital). The acquirer has specified they do not belong to the Promoter/Promoter group. Total diluted share capital after the acquisition is 50,73,227 shares. Filing was submitted on 8th April 2026 to BSE.

Likely market impact

This is a notable acquisition by Akshay Shah HUF acquiring nearly 10% of the company via preferential allotment, which typically indicates strategic interest. The filing shows significant capital expansion (from ~10.73 lakh to ~30.73 lakh shares), suggesting the company raised funds through this allotment.