The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Time Square Investments Pvt Ltd
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Time Square Investments Pvt Ltd, part of the promoter group of Seshasayee Paper and Boards, acquired 55,000 equity shares of face value Rs. 2 each in the open market on November 14, 2025. The shares were bought on the NSE at Rs. 254.06 per share, aggregating to roughly Rs. 1.4 crore. Its stake in the company rose from 10.128% (63,87,502 shares) to 10.215% (64,42,502 shares), an increase of 0.087 percentage points. The total equity base of the company is 6,30,68,140 shares, unchanged before and after the transaction.
A small but steady open market purchase by a promoter entity signals ongoing confidence in the company at current price levels. For retail investors, this is a mildly positive vote of confidence, though the size is too small to move the stock meaningfully on its own.