The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ankit Mehra
Awaiting price reaction for this filing.
Ankit Mehra, a non-promoter acquirer, purchased 1,50,000 equity shares of Aar Shyam India Investment Company Ltd through an off-market transaction on July 21, 2025. This acquisition raised his total holding in the company from 1,50,000 shares (5.00%) to 3,00,000 shares (10.00%) of the paid-up equity capital. The company's total share capital stands at 30,00,000 equity shares of Rs. 10 each (Rs. 3 Crores). Ankit Mehra has confirmed he does not belong to the promoter or promoter group of the company.
A non-promoter investor doubling his stake to 10% via off-market route signals a concentrated, privately negotiated purchase rather than open-market buying. Shareholders should watch for further disclosures if his holding crosses 25%, which could trigger a mandatory open offer under takeover norms.