Other Textile Products
Acquisitions6 April 2026 at 08:45 am

Shantanu Daga Acquires Shares in Deepak Spinners Ltd. Under SEBI Regulations

AI Summary

Shantanu Daga has acquired shares in Deepak Spinners Ltd. under the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition was made on 06/03/2026. The total number of shares held by Shantanu Daga before and after the acquisition is 30043%, which is 0.42% of the total share capital of the company. The shares were acquired from Asha Devi Daga, who is a member of the promoter group but not an immediate relative as per Regulation 2(1)(I) of SEBI Takeover Regulations, 2011. The acquisition was disclosed on 12/03/2026 and it is in compliance with the provisions of Chapter V of the Takeover Regulations.

Key Highlights

  • Shantanu Daga acquires shares in Deepak Spinners Ltd.
  • Acquisition made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
  • Shares acquired from Asha Devi Daga, a member of the promoter group.
  • Acquisition disclosed on 12/03/2026.
  • In compliance with the provisions of Chapter V of the Takeover Regulations.