BSEBijoy Hans LtdMediumPositive
Announced Thu, 21 Aug · 11:49 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shantanu Surpure

Promoter Stake BuyOwnership Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shantanu Surpure has filed a disclosure under Regulation 29(1) of SEBI (SAST) Regulations, 2011 with BSE for acquiring 68,200 equity shares of Bijoy Hans Limited, representing 0.91% of the company's share capital. The shares were acquired through a Share Purchase Agreement (off-market, private transfer) rather than open market purchase. Before the acquisition, the acquirer held 0 shares; after the acquisition, total holding stands at 68,200 shares (0.91%). Notably, the company's total equity capital expanded from 30,00,021 shares (Rs. 3,00,00,210) to 75,00,021 shares (Rs. 7,50,00,210), indicating a recent stock split or bonus issue.

Likely market impact

This is a modest 0.91% acquisition via private Share Purchase Agreement, suggesting an insider/promoter is consolidating stake rather than open market buying. With only 0.91% acquired and no prior holding disclosed, the acquirer's total stake remains small, so this is unlikely to move the stock price materially.