SILVERTUCBSESilver Touch Technologies LtdMediumNeutral
Announced Mon, 9 Jun · 14:58 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vipul Haridas Thakkar

Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership Changes View source PDF

SILVERTUC · 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

Mr. Vipul Haridas Thakkar, the Promoter and Managing Director of Silver Touch Technologies, has filed a disclosure under SEBI's Takeover Regulations for share purchases made on 6 June 2025. He bought 100 equity shares through an on-market transaction on the same day, followed by another on-market purchase of 80 equity shares, totalling 180 shares. The disclosure under Regulation 29(2) indicates that these purchases, likely part of a cumulative series of acquisitions, have crossed a reporting threshold (typically 2% incremental change for promoters). Silver Touch Technologies is listed on both BSE (Scrip Code: 543525) and NSE (Symbol: SILVERTUC). The share quantities are very small, suggesting the promoter is gradually increasing his stake in the company.

Likely market impact

This is a positive signal as it shows promoter confidence in the company through open-market buying. However, the very small quantum (180 shares) means the financial impact on the stock or significant change in promoter holding is minimal. Retail investors should note the promoter's continued buying interest but should not read this as a major corporate event.