The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sixth Venture Advisors LLP
Awaiting price reaction for this filing.
Sixth Venture Advisors LLP, a non-promoter entity holding 7,00,000 equity shares (23.33%) of Harmony Capital Service Limited, has tendered its entire stake in the company's ongoing open offer. The shares were sold on February 25, 2026, reducing the entity's holding to NIL. The total equity share capital of Harmony Capital stands at 30,00,900 shares, unchanged before and after the transaction. This indicates Sixth Venture Advisors LLP has fully exited its position by participating in the open offer. The filing is made under SEBI Takeover Regulations, 2011, requiring disclosure for any sale exceeding 2% of a company's share capital.
A non-promoter shareholder with a significant 23.33% stake has fully exited through the open offer, which typically signals an ownership change or change of control at the company. Retail shareholders should monitor the open offer timeline for tendering their own shares if they wish to participate in the exit opportunity.