Acquisitions3 Jul 2025, 08:27 am
Promoter Group Acquires Shares Worth INR 106.9 Crore in Signpost India Ltd
AI Summary
Signpost India Ltd has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Kemparaju Singepalya Rangaiah & Others for a substantial acquisition of shares. The acquirers, who belong to the Promoter and Promoter/Promoter group of the company, have acquired shares worth INR 106.9 crore. This acquisition has resulted in a decrease in the total promoter holding from 74.01% to 67.77%.
Key Highlights
- Promoter Group acquired shares worth INR 106.9 crore in Signpost India Ltd
- Acquisition through open market
- Total Promoter holding decreased from 74.01% to 67.77%