The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jignesh Amrutlal Thobhani
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Jignesh Amrutlal Thobhani, along with persons acting in concert (family members and HUFs), disclosed acquisition of 8,67,200 equity shares (9.69%) of Solvex Edibles Ltd through the company's Initial Public Offering dated 01/10/2025. Prior to this acquisition, the acquirer group held zero shares in the company. The total equity share capital of the company is 89,51,970 shares of Rs. 10 each, and their post-acquisition holding remains at 9.69%. The acquirer has confirmed they do not belong to the promoter or promoter group of the company. The disclosure was filed on 22/01/2026 with BSE, where Solvex Edibles is listed.
A non-promoter group acquiring nearly 10% stake via the IPO places them just below the key 10% SAST threshold, beyond which stricter creeping acquisition limits and additional disclosures apply. Retail investors should note this significant minority holding which could influence future voting on corporate matters.