Tea & Coffee
Acquisitions6 April 2026 at 08:03 am

Prominent Acquisition in Longview Tea Company Ltd: Shantanu Daga Acquires 4.41% Stake from Asha Devi Daga

AI Summary

The Longview Tea Company Ltd has received a disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(a)(i) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Shantanu Daga has acquired 4.41% shares from Asha Devi Daga on 06/03/2026. The transaction was made at a share price of 0, and it has triggered Regulation 3(2). Shantanu Daga's shareholding increased from 0 to 4.41% and Asha Devi Daga's shareholding decreased from 10.74% to 0%. The acquirer and seller are members of the promoter group but not immediate relatives as per Regulation 2(1)(I) of SEBI Takeover Regulations, 2011.

Key Highlights

  • Shantanu Daga acquires 4.41% shares from Asha Devi Daga in Longview Tea Company Ltd.
  • The transaction was made at a share price of 0 on 06/03/2026.
  • Shantanu Daga's shareholding increased from 0 to 4.41%.
  • Asha Devi Daga's shareholding decreased from 10.74% to 0%.
  • The acquirer and seller are members of the promoter group but not immediate relatives as per Regulation 2(1)(I) of SEBI Takeover Regulations, 2011.