The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Solidarity Advisors Pvt Ltd
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Solidarity Advisors Pvt Ltd, acting as a PMS/AIF Investment Manager (not part of the promoter group), bought 4,17,176 equity shares (2.68%) of Synergy Green Industries Ltd through open market purchases between January 22 and February 16, 2026. This raised its holding from 5.21% (8,09,170 shares) to 7.89% (12,26,346 shares). Buying pace clearly accelerated in the final days, with purchases of 80,281 shares on Feb 12, 79,869 on Feb 13, and 1,16,466 on Feb 16. The disclosure was filed under SEBI SAST Regulation 29(2) because the acquirer crossed the 5% threshold and crossed another 2% band in cumulative acquisitions.
This is a non-promoter institutional investor steadily accumulating shares and approaching the key 10% SAST disclosure threshold, which signals growing institutional conviction in the stock and could act as a positive sentiment trigger for retail investors watching for further buying.