BSEPasupati Fincap LtdLowNeutral
Announced Thu, 12 Jun · 08:39 IST

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

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

Awaiting price reaction for this filing.

AI summary

Pasupati Fincap Ltd's promoter, Dinesh Pareekh, acquired 32,300 equity shares (0.69% of capital) on June 06, 2025 through a Share Purchase Agreement via off-market route, pursuant to an open offer based on a public announcement dated October 07, 2024. His stake in the company rose from 10.86% (5,10,625 shares) to 11.55% (5,42,925 shares). The company's total equity capital stands at 47 lakh shares of Rs. 10 each, and no encumbrances were involved. The disclosure was filed with BSE under Regulation 29(2) of SEBI's Takeover Regulations.

Likely market impact

The promoter's stake rose by 0.69% via the open offer process, reflecting continued promoter involvement. The small incremental buy is unlikely to materially impact the stock price but signals steady progress of the open offer.