BSEShashank Traders LtdHighNeutral
Announced Sat, 9 May · 10:57 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aditya Vikram Birla

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

Price

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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

Aditya Vikram Birla acquired 274,866 equity shares (8.88%) of Shashank Traders Ltd on May 7, 2026, through off-market transfer. Before the acquisition, he held 395,994 shares (12.80%). After the transaction, his holding increased to 670,860 shares (21.68%) of the company's total paid-up capital of Rs. 3,09,38,000 comprising 30,93,800 equity shares. The acquirer has explicitly stated he does not belong to the Promoter/Promoter group. The shares are listed on BSE Limited and The Calcutta Stock Exchange Limited.

Likely market impact

This is a significant minority stake acquisition by a non-promoter investor, pushing holdings above 20%. The acquirer is now approaching the 25% threshold which triggers mandatory open offer obligations under SAST regulations, creating potential takeover speculation around this thinly traded stock.