Please find enclosed herewith the disclosure, as required to be submitted under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011 received by the ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rakesh Kapoor, a promoter of Sri Amarnath Finance Limited, purchased 2,55,000 equity shares through off-market transactions across three dates (07 Nov, 10 Nov, and 12 Nov 2025). This represents 2.56% of the company's total paid-up share capital. Prior to this acquisition, his holding stood at 40,78,371 shares (40.86%), and after the acquisition, it increased to 43,33,371 shares (43.42%). The total share capital of the company rose from INR 4,07,83,710 to INR 4,33,33,710 as a result of these purchases.
The promoter's stake has strengthened from 40.86% to 43.42%, signalling continued promoter confidence in the company. However, the promoter remains below the 50% threshold, meaning there is no change in controlling interest. Minor shareholders may view this as a positive sign of insider commitment, though the off-market nature limits liquidity impact on the stock price.