BSEWarren Tea Ltd-$HighNeutral
Announced Mon, 23 Jun · 17:31 IST

Disclosure under Regulation 29(1) of SEBI (SAST) Regulations 2011 , received from the Acquirer has been attached herewith

Ownership 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

Pressman Properties Private Limited, which is NOT part of the promoter/promoter group of Warren Tea Ltd, has acquired 910,000 equity shares (7.61% of total share capital) through open market purchases on June 20, 2025. Before this acquisition, Pressman held no shares in the company; after the acquisition, its holding stands at 910,000 shares (7.61%). The acquisition was made through the open market route, and the disclosure has been filed under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Warren Tea's total equity share capital remains unchanged at 1,19,50,804 shares of Rs. 10 each (Rs. 11.95 crore).

Likely market impact

A non-promoter entity has built a 7.61% stake in Warren Tea, which is a significant block purchase and may indicate strategic interest in the company. Shareholders should monitor for further acquisitions by Pressman Properties or any potential open offer trigger, as the next disclosure threshold under SAST regulations is 10%.