The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Satish Ramsevak Pandey
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Promoter Satish Ramsevak Pandey has acquired 68,400 equity shares (3.17%) of Western Ministil Limited through off-market purchases spread across three dates: June 6, 2025 (20,000 shares), June 17, 2025 (100 shares), and September 23, 2025 (48,300 shares). Following this acquisition, his total holding increased to 10,78,884 shares, representing 50.01% of the company's paid-up equity share capital — crossing the key 50% majority threshold for the first time. Prior to the acquisition, he held 46.84% (10,10,484 shares). The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations.
The promoter consolidating above the 50% mark strengthens his controlling position in the company and may affect minority shareholder interests and future corporate decisions. Crossing this threshold could limit scope for any further creeping acquisitions without triggering open-offer obligations under SEBI Takeover Regulations.