Announced Thu, 23 Oct · 08:23 IST

The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anna Aluminium Company Pvt Ltd

Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership Changes View source PDF

Price

Loading chart…

▲ 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

The promoters and promoter group of Scoobee Day Garments (India) Ltd acquired additional equity shares through the company's Rights Issue, increasing their combined shareholding from 74.99% to 79.77% of the expanded share capital. Specifically, Anna Aluminium Company Pvt Ltd's stake rose from 38.05% to 44.26%, while Kitex Limited newly acquired 6.04% (10,21,794 shares). The allotment took place on October 16, 2025, raising the total share count from 1.35 crore to 1.692 crore equity shares. As public shareholding has now fallen to about 20.23%, the company must comply with Rule 19A(2) of SCRR to restore minimum 25% public shareholding within 12 months. This acquisition was made under the exemption provided by Regulation 10(4)(a) of SEBI (SAST) Regulations, so no open offer was triggered.

Likely market impact

Promoters have significantly strengthened their control in the company, but the low public shareholding could weigh on liquidity and trading volumes. The 12-month deadline to restore 25% public float may lead to future dilution or promoter stake sale, which could be mildly negative for existing shareholders in the short term.