The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vipul Haridas Thakkar
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Awaiting price reaction for this filing.
Vipul Haridas Thakkar, a promoter of Silver Touch Technologies Ltd, purchased 11 equity shares on the open market on 2nd June 2025. Before the transaction he held 25,77,479 shares (20.33%), and after the purchase his holding stands at 25,77,490 shares, still at 20.33% of the company's paid-up capital. He additionally has 92,813 encumbered shares (0.73%), taking his total exposure to 26,70,303 shares (21.06%). The total equity share capital of the company is 1,26,81,000 shares of Re. 10 each, listed on both NSE and BSE. The disclosure has been filed under Regulation 29(2) of the SEBI Takeover Regulations.
The 11-share purchase is purely token in size and has zero impact on the promoter's effective stake percentage, so there is no meaningful change for shareholders. It is a routine regulatory filing rather than a confidence-building buy, and is unlikely to move the stock price.