The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Valiant Mauritius Partners Ltd & Others
SPANDANA · price
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Valiant Mauritius Partners Ltd, along with persons acting in concert (Valiant India Opportunities Ltd and Valiant Mauritius Partners Offshore Ltd), has disclosed an acquisition of 13,41,354 equity shares (7.74%) of Spandana Sphoorty Financial Ltd. The acquirers, who are not part of the promoter group, went from 0% to 7.74% holding. The shares were acquired on 18 August 2025 through the listing of partly paid shares, and the disclosure was filed with BSE on 11 September 2025 via Citibank N.A. as the authorized representative. The company's total paid-up equity capital is 1,73,34,362 shares.
A new foreign institutional investor has built a significant 7.74% stake, signalling institutional interest in the stock. The holding is close to the 10% regulatory threshold, so any further purchase would trigger additional disclosure requirements under takeover rules.