BSETTI Enterprise LtdHighNeutral
Announced Mon, 9 Feb · 17:44 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Realearth Ecofarms India Pvt Ltd

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Realearth Ecofarms India Pvt Ltd, a non-promoter entity, has disclosed the purchase of 25,04,101 equity shares (9.86%) of TTI Enterprise Ltd through an off-market transaction on February 4, 2026. Before the acquisition, Realearth held 27,34,383 shares (10.76%) in the company, and after the deal, its holding rises to 52,38,484 shares, or 20.62% of the total equity share capital. The acquisition nearly doubles the acquirer's stake in a single transaction, pushing it well past the 15% disclosure threshold under SEBI Takeover Regulations.

Likely market impact

This is a large block deal that signals a non-promoter entity is taking a significant strategic position in the company at 20.62%, approaching the 25% open offer trigger threshold. Shareholders should watch for further stake increases, which could lead to a mandatory open offer, and the off-market nature of the deal suggests it was a negotiated transfer rather than open market accumulation.