BSEShashank Traders LtdMediumNeutral
Announced Sat, 25 Apr · 10:48 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, a private limited company (not part of the promoter group), acquired 6,000 equity shares of Shashank Traders Ltd on 23/04/2026 through what appears to be an off-market transaction. Before the acquisition, AVB held 3,84,000 shares (12.41%). After the acquisition, their holding increased to 3,90,000 shares (12.60%) of the company's total equity capital of 30,93,800 shares. The filing was submitted under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011, specifically Regulation 29(2). The company is listed on both BSE Limited and The Calcutta Stock Exchange Limited.

Likely market impact

AVB Endeavors has now crossed the 12% threshold and continues building its stake toward the 25% level that would trigger open offer obligations under SAST regulations. This incremental buying by a non-promoter entity warrants monitoring for further accumulation.