The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kriyansh Gold Pvt Ltd
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Awaiting price reaction for this filing.
Kriyansh Gold Private Limited, which is NOT part of the promoter/promoter group, bought 9,79,181 equity shares (0.97%) of Vivid Mercantile Limited through open market purchases between October 27 and October 29, 2025. As a result, Kriyansh Gold's stake in the company rose from 4.73% (47,44,550 shares) to 5.71% (57,23,731 shares), crossing the 5% disclosure threshold under SEBI's Takeover Regulations. The total equity share capital of Vivid Mercantile stood unchanged at about 10.03 crore shares. The disclosure was filed on October 30, 2025.
This is an open-market purchase by a non-promoter entity that has just crossed the 5% ownership mark, which may be seen as a mildly positive signal showing external investor interest, though the stake remains relatively small and is not from the promoter group.