Shareholding20 May 2026, 10:07 am
Singularity Fund III Acquires 4.98% Stake in Hemant Surgical
AI Summary
Singularity Large Value Fund III acquired a 4.98% stake in Hemant Surgical Industries Ltd through the conversion of convertible warrants into 6,49,600 equity shares. This acquisition, dated May 15, 2026, increased Singularity Large Value Fund III's total holding to 6.90% post-acquisition. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Singularity Large Value Fund III acquired 6,49,600 shares of Hemant Surgical.
- The acquisition increased Singularity's stake to 6.90% of total voting capital.
- Acquisition occurred via conversion of convertible warrants into equity shares.
- The disclosure was made under SEBI Takeover Regulations.
- Hemant Surgical's equity share capital after acquisition is ₹14,53,76,000.
Price Impact
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