Announced Tue, 9 Sept · 16:27 IST

The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vandana Somani & PACs

Promoter Stake BuyOwnership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Vandana Somani, part of the promoter group of Sarvamangal Mercantile Company Ltd, acquired 4,500 equity shares (1.81% of paid-up capital) through an off-market transaction, disclosed on September 9, 2025. This is a revised filing replacing an earlier one sent to BSE. The promoter group's combined holding rose from 50.76% (126,400 shares) to 52.57% (130,900 shares) post-acquisition. Vandana Somani's individual stake went from 19.28% (48,000 shares) to 21.08% (52,500 shares). No other PACs changed their holdings, and there were no encumbrance (pledge) changes.

Likely market impact

This is a modest promoter-group stake increase via off-market transfer, signaling continued promoter confidence. With combined promoter holding now at 52.57%, the company has a firmly majority-controlled shareholding pattern, which may limit float but provide stability.