The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SW Capital Pvt Ltd & Others
Awaiting price reaction for this filing.
SW Capital Private Limited, part of the promoter and promoter group of SW Investments Ltd, bought 734 equity shares (0.08%) in the open market on 2nd March 2026. This takes its holding from 88,900 shares (9.88%) to 89,634 shares (9.96%) of the target company. The target company has a small equity base of 9,00,000 shares of Rs. 10 each (total capital Rs. 90 lakh), so even a tiny trade nudges the percentage meaningfully. The acquirer has filed this disclosure under SEBI Takeover Regulations Regulation 29(2) and notes it is being done 'by way of abundant caution.' No encumbrance (pledge/lien) activity is mentioned in the filing.
This is a minor, confidence-building open market purchase by the promoter group, but importantly it pushes their entity's holding very close to the 10% SAST disclosure threshold. Shareholders should watch whether further small purchases follow, as crossing 10% triggers additional open offer obligations under takeover rules.