The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Fivex Capital VCC - Fivex Emerging Star Fund
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Fivex Capital VCC - Fivex Emerging Star Fund, a Singapore-registered Variable Capital Company (not a promoter), acquired 1,23,000 shares of Shoora Designs Ltd through open market purchases between 13th to 18th May 2026. The acquisition was done in four tranches: 40,500 shares each on 13th, 14th, and 16th May, and 1,500 shares on 18th May. Before this acquisition, the fund held 2,50,500 shares (5.42%). After the acquisition, their holding increased to 3,73,500 shares representing 8.08% of the total share capital of 46,23,662 shares.
The acquirer crossed the 5% threshold and now holds 8.08%, approaching the 10% trigger that would require an open offer under SEBI SAST regulations. This represents institutional accumulation of shares.