The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Blue Bell Finance Ltd
Awaiting price reaction for this filing.
Blue Bell Finance Ltd, a non-promoter entity, has disclosed the sale of 25.4 crore equity shares (4.05%) of Alstone Textiles (India) Ltd in the open market between December 5, 2025 and January 16, 2026. Before the disposal, Blue Bell Finance held 52.99 crore shares (8.44%), which has now reduced to 27.59 crore shares (4.39%) post-sale. The transactions were executed across multiple trading days in chunks ranging from 50 lakh to 5.5 crore shares. No encumbrance, pledge, or convertible instruments were involved in the transaction.
A non-promoter investor reducing its stake from 8.44% to 4.39% signals a significant exit and could create short-term selling pressure on the stock. Retail investors should monitor price action and any further disclosures, as Blue Bell Finance remains above the 5% reporting threshold and may continue to sell.