Balusamy Silwears Jewellery Private Limited has announced the acquisition of 1080 equity shares in Thangamayil Jewellery Limited. This transaction, valued at approximately ₹55 lakh, represents a 0.0035% stake in the company’s total share capital. The shares were purchased through open market operations on August 6, 2026. This disclosure is made in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Share Acquisition by Promoter Group
Balusamy Silwears Jewellery Private Limited, identified as a promoter group entity, has acquired a minor stake in Thangamayil Jewellery Limited. The transaction involved the purchase of 1080 equity shares, each with a face value of ₹10. This acquisition increases Balusamy Silwears Jewellery’s total holding to 5,46,836 shares, representing 1.7593% of Thangamayil Jewellery’s total equity capital.
Transaction Details
The acquisition was executed through open market purchases on August 6, 2026. The shares were bought at a price of ₹5,070.6204 per share. The total value of this transaction amounts to approximately ₹54.86 lakh. This disclosure is filed in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Current Holding Post-Acquisition
Following the latest purchase, Balusamy Silwears Jewellery Private Limited’s holding in Thangamayil Jewellery Limited stands at 5,46,836 equity shares. This constitutes 1.7593% of the total voting capital of the company. The company has provided comprehensive details of the acquisition, including the number of shares, percentage of shareholding, and transaction dates, as required by regulatory norms.
Source: BSE
