BSESimplex Realty LtdLowPositive
Announced Thu, 21 Aug · 09:32 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for New Textiles LLP

Promoter Stake BuyPromoter Below 50pctOwnership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

New Textiles LLP, part of the promoter/promoter group of Simplex Realty Ltd, has disclosed the open market purchase of 500 equity shares (0.02% of the company) on 18 August 2025 under Regulation 29(2) of the SEBI Takeover Regulations. After this acquisition, New Textiles LLP holds 6,01,125 shares representing 20.09% of the company's equity share capital, marginally up from 20.07% (6,00,625 shares) held before the purchase. The mode of acquisition was open market, and the total equity capital of Simplex Realty remains unchanged at 29,91,382 shares of Rs. 10 each. This is a routine disclosure triggered because the acquirer is a promoter group entity, though the actual share movement is very small in size.

Likely market impact

This is a minor, incremental promoter-group purchase with negligible impact on shareholding pattern or stock price. It signals continued promoter confidence but the 0.02% increase is too small to materially affect control or trigger any takeover-related thresholds.