
Acquisitions12 Mar 2026, 04:17 pm
Promoter Group Member Shantanu Daga Acquires 0.01% Shares in Deepak Spinners Ltd. via Gift from Relatives
AI Summary
In accordance with Regulation 10(5) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, Shantanu Daga, a member of the promoter group of Deepak Spinners Ltd., has disclosed the acquisition of 428 equity shares through inter-se transfer between promoter group members who are relatives. This acquisition, which is exempt from making an open offer under Regulation 10(1)(a)(i) & (ii), will not result in a higher acquisition price than 25% of the computed price. The proposed acquisition date is on or after 6th March 2026.
Key Highlights
- Shantanu Daga, a promoter group member, acquires 0.01% shares in Deepak Spinners Ltd.
- The acquisition is through inter-se transfer between promoter group members who are relatives.
- Exempt from making an open offer under Regulation 10(1)(a)(i) & (ii) of SEBI Regulations.
- The acquisition price will not exceed 25% of the computed price.
- Proposed acquisition date is on or after 6th March 2026.
Price Impact
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