The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Subhash Phootarmal Rathod
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Promoter Subhash Phootarmal Rathod of Stellant Securities (India) Ltd purchased 22,359 equity shares in the open market on August 18, 2025. After this acquisition, his holding stands at 4,84,542 shares, which is 65.44% of the company's total equity share capital of 7,40,480 shares. The disclosure has been filed with BSE under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. The mode of acquisition was open market, and there is no change in the company's total equity share capital due to this transaction.
This signals continued promoter confidence and an increase in promoter ownership to 65.44%, which strengthens controlling interest and may reduce free float and takeover vulnerability. For retail investors, higher promoter holding generally indicates stable ownership but lower liquidity in the stock.