BSET & I Global LtdMediumNeutral
Announced Wed, 9 Apr · 17:37 IST

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

Creeping 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

Counter Cyclical Investments Pvt Ltd (a Portfolio Manager, acting with its clients) disclosed a small open-market purchase of 6,034 shares (0.12%) of T & I Global Ltd on 8 April 2025. After the acquisition, its total holding in T & I Global rose from 293,442 shares (5.79%) to 299,476 shares (5.91%). The acquirer clarified it is not part of the promoter or promoter group of the company. The disclosure is filed under SEBI SAST Regulations to report a creeping acquisition (incremental buy by an entity already holding over 5%).

Likely market impact

This is a routine small-scale creeping acquisition by a non-promoter PMS entity, indicating modest incremental interest in the stock. With holdings still well below the 10% SAST open-offer trigger threshold, there is no immediate regulatory or governance concern for existing shareholders.