BSEVivid Mercantile LtdHighNeutral
Announced Tue, 11 Nov · 10:04 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Veeram Barter 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

Veeram Barter Private Limited, which is not part of the promoter/promoter group, acquired 81,25,000 equity shares (8.10%) of Vivid Mercantile Limited through an off-market deal on 7 November 2025. This lifted its holding from 88,897 shares (0.09%) to 82,13,897 shares (8.19%) of the company. Vivid Mercantile has a total equity share capital of 10,02,56,400 shares and is listed on the BSE. The disclosure has been filed under Regulation 29(2) of the SEBI Takeover Regulations, triggered by the acquirer crossing the 5% threshold.

Likely market impact

A non-promoter entity now holds 8.19% of the company via an off-market deal, which means a sizable stake has shifted hands without going through the exchange. Shareholders should note that Veeram Barter is approaching the 10% SAST trigger limit, and any further acquisition could trigger an open offer obligation.