
Acquisitions8 April 2026 at 07:07 am
Acquirer Withdraws Disclosure for Voluntary 3.14% Share Acquisition in Thrive Future Habitats Ltd
AI Summary
Arvinder Singh Pasricha, the acquirer, has withdrawn his disclosure under Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition of 3,00,000 equity shares from Mrs. Aman Pasricha Balsara represents 3.14% of Thrive Future Habitats Ltd's share capital. This acquisition is independent of the open offer made during the financial year 2025-26 and is within the permissible limit of 5% under Regulation 3(2) of the SAST Regulations. Both the acquirer and the seller have complied with the disclosure requirements under Regulation 29(2) of the SAST Regulations.
Key Highlights
- Arvinder Singh Pasricha voluntarily withdraws disclosure for 3.14% share acquisition in Thrive Future Habitats Ltd.
- The acquisition is independent of the open offer made during the financial year 2025-26.
- The acquisition is within the permissible limit of 5% under Regulation 3(2) of the SAST Regulations.
- Both the acquirer and the seller have complied with the disclosure requirements under Regulation 29(2) of the SAST Regulations.
- No further open offer obligation is triggered due to this acquisition.
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