The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vipul Jayraj Kapadia & Others
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoter group acquisition of 14.60% stake in Universal Arts Ltd via open market purchase on 16th May 2026. The acquirers — Vipul Jayraj Kapadia, Poonam Vipul Kapadia, Asha Jayraj Kapadia, and Devidas Soonderdas & Co. — collectively purchased approximately 14,55,404 shares. Pre-acquisition holding was only 2.15%, meaning this transaction dramatically increased the promoter group's footprint. The acquirers are confirmed as part of the promoter/promoter group of the target company. Total acquisition value appears to be approximately Rs.9.97 crore based on share capital disclosure.
Significant increase in promoter holding from 2.15% to 14.60% signals strong insider confidence and a possible consolidation of the promoter base ahead of future triggers near the 25% SEBI threshold.