The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for FCA Rajesh Seth
SPECIALITY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
FCA Rajesh Seth and FCMA Chander Bhatia, along with PACs including Seers Fund Management Pvt Ltd and multiple family members, acquired 1,33,750 shares (0.277%) of Speciality Restaurants Ltd through market purchases on May 20-21, 2026. The stake increased from 6.996% to 7.273% of total capital (48.24 Cr equity shares). The acquirers explicitly stated they are not part of the promoter or promoter group. Total holding after acquisition stands at 35,08,287 shares (7.273%). The filing includes a detailed list of 16 PACs with their individual shareholdings and acquisition quantities across May 19-21, 2026.
This represents institutional accumulation by non-promoter investors (fund management and family members) approaching the 7.5% threshold. The market purchase on two consecutive trading days suggests continued interest in the stock, though the transaction size (0.277%) is modest and may have limited immediate price impact.