The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rakesh Kapoor
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 Ltd, has purchased a total of 1,92,000 equity shares (1.92% of paid-up capital) through off-market transactions. The purchases were made in three tranches — 40,000 shares on 18 November 2025, 70,000 shares on 18 November 2025, and 82,000 shares on 2 December 2025. His holding in the company has risen from 43,42% (43,33,371 shares) to 45.34% (45,25,371 shares) post-acquisition. The disclosure was filed with BSE on 4 December 2025 as required under SEBI's Substantial Acquisition of Shares & Takeovers Regulations.
This is a positive signal indicating promoter confidence, as Rakesh Kapoor has increased his stake in the company through off-market purchases. Despite the increase, promoter holding remains below the 50% majority threshold at 45.34%, leaving room for further acquisitions without triggering mandatory open offer requirements.