BSEShashank Traders LtdHighNeutral
Announced Wed, 15 Apr · 09:52 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for AVB Endeavors Pvt Ltd

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

AVB Endeavors Pvt Ltd (listed as non-promoter) acquired 64,000 equity shares of Shashank Traders Ltd on 13 April 2026, representing 2.07% of total share capital. Following the acquisition, AVB Endeavors' total holding rose from 10.34% (3,20,000 shares) to 12.41% (3,84,000 shares) of the company's diluted capital of 30,93,800 equity shares (Rs. 3,09,38,000). The filing was submitted to BSE and The Calcutta Stock Exchange under SEBI SAST Regulations, 2011. The mode of acquisition was not specified in the disclosure. No encumbrances or pledge details were reported.

Likely market impact

AVB Endeavors is accumulating shares and has crossed the 12% threshold. While still below the 25% trigger for mandatory open offer, the upward trajectory suggests potential intent to build a substantial position, which warrants monitoring.