The Exchange has received the disclosure under Regulation 29(1) 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-based variable capital company, has disclosed an open market acquisition in Shoora Designs Ltd. The acquirer purchased 42,000 shares (0.91%) bringing their total holding from 4.51% to 5.42% of the company's share capital. The acquisition was made on May 12, 2025, and the disclosure was filed on May 17, 2025. The acquirer is not part of the promoter or promoter group of the company. The total share capital of Shoora Designs Ltd stands at 46,23,662 shares.
The filing shows a non-promoter investor crossing the 5% threshold in Shoora Designs Ltd through open market purchases, which requires SEBI disclosure. This represents institutional accumulation but at a modest 5.42% stake, indicating a minority position without immediate takeover implications.