StockWatch
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Investment Company
Shareholding22 Aug 2026, 05:30 pm

ACN Financial Services Sells 2.55% Stake in BLB Ltd

AI Summary

ACN Financial Services Limited has disclosed a sale of 13,44,696 equity shares, representing 2.55% of the total share capital, in BLB Limited. This transaction, executed via the open market, reduces ACN Financial Services' holding from 5.98% to 3.43%. The sale occurred on August 21, 2026, and the disclosure was made on August 22, 2026, in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total share capital of BLB Limited remains unchanged at Rs. 5,28,65,258.00.

Key Highlights

  • ACN Financial Services sold 2.55% stake in BLB Ltd.
  • Holding reduced from 5.98% to 3.43%.
  • Transaction executed via open market.
  • Disclosure made under SEBI Takeover Regulations.
  • Sale date was August 21, 2026.