The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ugpatwardhan Services Pvt Ltd
Awaiting price reaction for this filing.
Ugpatwardhan Services Pvt Ltd, part of the promoter/promoter group of Bijoy Hans Ltd, has acquired 49,200 equity shares (0.66%) through an off-market Share Purchase Agreement dated 8 August 2025. Prior to this deal, the entity held 18,30,000 shares (24.40% of the company), which has now increased to 18,79,200 shares (25.06%). Notably, the total share capital of Bijoy Hans also expanded from 30,00,021 shares to 75,00,021 shares during this period, indicating a fresh share issuance alongside the acquisition. The acquirer's holding has now crossed the 25% threshold, which is significant under SEBI takeover regulations.
The promoter group has marginally increased its stake and crossed the 25% creeping acquisition threshold, which may attract SEBI open-offer obligations under SAST norms. For retail investors, this signals continued promoter confidence but also means further promoter purchases may now require an open offer to public shareholders.