The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kaushal Uttam Shah
Awaiting price reaction for this filing.
Kaushal Uttam Shah, a member of the promoter group of Bijoy Hans Ltd, has filed a revised disclosure under SEBI (SAST) Regulations for acquiring 38,200 equity shares (0.51%) of the company via an off-market Share Purchase Agreement. Prior to this acquisition, he held 8,40,000 shares representing 11.20% of the share capital (17.20% on a diluted basis). After the acquisition, his holding has increased to 8,78,200 shares, i.e., 11.71% of the share capital and 17.77% on a fully diluted basis. The shares of the company are listed on BSE Ltd and The Calcutta Stock Exchange. The disclosure was filed on 11 August 2025.
This is a minor increase in promoter shareholding via an off-market deal, which signals continued promoter confidence in the company. The marginal 0.51% acquisition is unlikely to materially move the stock price but reinforces promoter commitment to the business.