BSESpicejet LtdMediumNeutral
Announced Fri, 27 Feb · 17:52 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Authum Investment & Infrastructure Ltd

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

BSE has received a disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011, filed by Authum Investment & Infrastructure Ltd in relation to Spicejet Ltd. This regulation is triggered when an acquirer's shareholding crosses specified thresholds or changes by more than 2% between 5% and 10% levels. The exact direction (buy or sell) and the specific percentage change are not mentioned in the headline alone. Authum has historically been an active investor in Spicejet.

Likely market impact

For retail investors, this signals that a major non-promoter shareholder has either crossed or moved away from a key shareholding threshold in Spicejet, which may warrant monitoring of the stock for further stake changes by Authum.