
Acquisitions27 Mar 2026, 03:59 pm
Akshat Jain & Others Acquire Shares in Brilliant Portfolios Ltd. Under Takeovers Regulations
AI Summary
According to a disclosure made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, Akshat Jain, Avni Jain, and others (hereinafter referred to as 'Acquirers') have acquired equity shares of Brilliant Portfolios Limited. The Acquirers, along with Persons Acting in Concert (PACs), have increased their holding from 0% to 4.74% through off-market acquisitions. The total equity shares of Brilliant Portfolios Limited are 31,01,800, and the total diluted share/voting capital of the company after the acquisition stands at 51.97%.
Key Highlights
- Akshat Jain, Avni Jain, and others (Acquirers) have acquired equity shares of Brilliant Portfolios Limited.
- The Acquirers have increased their holding from 0% to 4.74% through off-market acquisitions.
- The total equity shares of Brilliant Portfolios Limited are 31,01,800.
- The total diluted share/voting capital of the company after the acquisition stands at 51.97%.
Price Impact
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