BSESri Amarnath Finance LtdMediumNeutral
Announced Fri, 12 Dec · 10:58 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rakesh Kapoor

Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership Changes View source PDF

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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

Rakesh Kapoor, a member of the promoter group of Sri Amarnath Finance Ltd, purchased 50,000 equity shares (representing 0.50% of the company's paid-up capital) on 9 December 2025 through an off-market deal. With this acquisition, his total holding in the company increased from 45,25,371 shares (45.34%) to 45,75,371 shares (45.85%). The disclosure was filed under Regulation 29(2) of SEBI SAST Regulations, 2011. The total equity share capital of the company stands at INR 4,57,53,710 divided into 45,75,371 equity shares of Rs 10 each.

Likely market impact

Promoter holdings have edged up to 45.85%, bringing the acquirer closer to the 50% control threshold. While this signals promoter confidence, any further accumulation beyond permissible creeping acquisition limits could trigger an open offer obligation under SEBI Takeover Regulations.