The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Edelweiss Asset Reconstruction Company Ltd
Awaiting price reaction for this filing.
Edelweiss Asset Reconstruction Company Ltd (EARC), acting as trustee of EARC Trust SC-428, has disclosed an open market acquisition of 7,33,448 equity shares (2.20%) of SKIL Infrastructure Ltd between July 21 and October 27, 2025. EARC is not part of the promoter/promoter group of SKIL Infrastructure. After this acquisition, EARC holds 1,31,69,001 shares representing 6.08% of the company's equity share capital (total equity capital: 21,65,71,232 shares). The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which is triggered when a non-promoter acquirer's holding crosses the 5% threshold or changes by 2% thereafter.
This is a non-promoter institutional buyer steadily building a stake in SKIL Infrastructure via open market purchases. While it does not change promoter control, investors should monitor whether EARC continues to accumulate, as further acquisitions could influence future corporate action discussions or open offer scenarios.