The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Radha Krishna Avudari
Awaiting price reaction for this filing.
Radha Krishna Avudari, a non-promoter acquirer, purchased 4,20,129 equity shares of Aar Shyam India Investment Company Limited through an off-market transaction on June 01, 2026. This took his holding from 0% (no prior shares) to 14.00% of the company's share capital. The disclosure was filed under SEBI's Takeover Regulations, and the acquirer does not belong to the promoter/promoter group. The 14% stake puts him just 1 percentage point short of the 15% open-offer trigger threshold under takeover norms, which may invite regulatory attention if further shares are acquired.
A new non-promoter entity taking a sizeable 14% stake signals a potential shift in control dynamics. Shareholders should watch for any further purchases by this acquirer, as crossing 15% would mandate an open offer to all shareholders, which could affect the stock price.