Announced Tue, 15 Jul · 09:59 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Celin Kurivilla & PACs

Ownership 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

Celin Kuruvilla and PAC Binu Kuruvilla, classified as Non-Promoters, have disclosed acquisition of 1,00,00,000 equity shares in Tahmar Enterprises Ltd through conversion of warrants into equity shares via preferential allotment dated 10 July 2025. Post-conversion, Celin Kuruvilla's holding in voting equity shares rose from 25,27,870 (5.30%) to 1,25,27,870 shares (11.15% of paid-up capital). Combined with Binu Kuruvilla's 25,00,000 warrants, the total economic interest of the acquirer group stands at 1,50,87,270 units (11.15% of share capital, 9.14% on a diluted basis). Paid-up capital remains Rs 1,34,78,900 divided into 1,34,78,90,000 shares of Re 1 each. The disclosure is filed with BSE where the company is listed.

Likely market impact

A non-promoter group has increased its stake to over 11% through preferential warrant conversion, signaling concentrated ownership change but the acquirer remains well below the 25% open-offer trigger threshold. Shareholders should monitor for any further stake build-up or board influence given the size of this acquisition.