The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Utkarsh Vartak
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Mr. Utkarsh Vartak, a member of the promoter group of UVS Hospitality And Services Ltd, acquired 1,50,000 equity shares (face value Rs. 10) on 18th October 2025, representing 0.42% of the company's share capital. His total holding along with persons acting in concert rose from 1,37,50,000 shares (38.39%) to 1,39,00,000 shares (38.81%). The company's total equity share capital stands at 3,58,12,600 shares. The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 with BSE.
A promoter buying additional shares is generally seen as a positive signal of insider confidence in the company's prospects. However, the purchase size is small (0.42%), so the direct impact on share price is likely limited. Shareholders should note the promoter remains comfortably below the 50% takeover threshold.