BSET & I Global LtdMediumNeutral
Announced Thu, 17 Apr · 15:46 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Counter Cyclical Investment Pvt Ltd

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

Price

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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

Counter Cyclical Investment Pvt Ltd, acting as a Portfolio Manager on behalf of its clients, bought 7,051 shares of T & I Global Ltd in the open market on 16 April 2025 at around 0.14% of the company's paid-up equity. With this purchase, its total holding in the company went up from 299,476 shares (5.91%) to 306,527 shares (6.05%). T & I Global's total equity share capital stands at 50,67,700 shares. The acquirer is not part of the promoter group; it is a PMS client-driven entity classified as persons acting in concert. The disclosure was filed under SEBI SAST Regulation 29(2) to report the incremental stake change.

Likely market impact

The change is very small (just 7,051 shares or 0.14%) and unlikely to move the stock meaningfully on its own. However, it signals continued accumulation by a non-promoter investor group, which may attract mild retail interest as their stake edges past 6%.