Counter Cyclical Investments Private Limited disclosure of substantial acquisition of shares in DHP India Limited under Regulation 29(2) of SEBI SAST Regulations

1 min read     Updated on 20 Mar 2026, 09:45 PM
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Counter Cyclical Investments Private Limited, a Nagpur-based portfolio manager, disclosed acquiring 5167 additional shares in DHP India Limited on March 18, 2026, increasing its total shareholding from 258334 shares (8.61%) to 263501 shares (8.78%). The acquisition was made through open market purchase and reported under SEBI SAST Regulation 29(2) compliance requirements.

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Counter Cyclical Investments Private Limited has disclosed an increase in its shareholding in dhp india Limited, filing the mandatory disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011.

Shareholding Details

The Nagpur-based portfolio manager, acting along with its clients as persons acting in concert, acquired additional shares in DHP India Limited on March 18, 2026. The acquisition details are presented below:

Parameter: Before Acquisition Acquisition After Acquisition
Number of Shares: 258334 5167 263501
Shareholding Percentage: 8.61% 0.17% 8.78%
% of Diluted Capital: 8.61% 0.17% 8.78%

Transaction Specifications

The share acquisition was executed through open market purchase on March 18, 2026. Counter Cyclical Investments Private Limited confirmed that it does not belong to the promoter or promoter group of DHP India Limited.

Transaction Details: Information
Mode of Acquisition: Open Market
Date of Transaction: March 18, 2026
Target Company: DHP India Limited
Stock Exchange: BSE Limited

Company Information

DHP India Limited maintains its total equity share capital at 30,00,000 shares, which remained unchanged following this transaction. The company's shares are listed on BSE Limited.

Counter Cyclical Investments Private Limited, incorporated with CIN U65999PN2018PTC175591, operates from its registered office at FN 401 PN 16 Shirkey Building L/O Rajnagar SB Colony, Nagpur, Maharashtra. The disclosure was signed by Director Parminder Pal Singh Bhatia (DIN: 07159378) on March 19, 2026.

Regulatory Compliance

The formal disclosure was submitted to both DHP India Limited and BSE Limited as mandated by regulatory guidelines. The communication included the complete SEBI SAST Regulation 29(2) disclosure format with detailed shareholding information before and after the acquisition.

Regulatory Details: Information
Regulation: SEBI SAST Regulation 29(2)
Filing Date: March 19, 2026
Acquirer Status: Non-Promoter
Total Share Capital: 30,00,000 shares

This transaction represents a modest increase in Counter Cyclical Investments' position in DHP India Limited, bringing their total shareholding to 8.78% of the company's equity capital through their portfolio management services.

Historical Stock Returns for DHP India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.44%-2.10%-13.20%-26.57%-13.28%+16.84%

Will Counter Cyclical Investments continue accumulating shares in DHP India Limited to reach the 10% threshold that would trigger additional disclosure requirements?

What strategic factors might be driving Counter Cyclical Investments' interest in DHP India Limited given their counter-cyclical investment approach?

How might this increased institutional ownership impact DHP India Limited's stock liquidity and trading patterns on BSE?

Counter Cyclical Investments files SEBI disclosure for increased DHP India stake

2 min read     Updated on 26 Feb 2026, 12:28 PM
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Counter Cyclical Investments Private Limited has formally disclosed its increased shareholding in DHP India Limited to SEBI, acquiring 5,163 additional shares on February 24, 2026. The transaction raised the Nagpur-based portfolio manager's total holding from 253,171 shares (8.44%) to 258,334 shares (8.61%) through open market purchase, with the disclosure filed under Regulation 29(2) of SEBI SAST Regulations.

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Counter Cyclical Investments Private Limited has filed a formal disclosure with the Securities and Exchange Board of India (SEBI) regarding its increased shareholding in dhp india Limited. The Nagpur-based portfolio management company, acting through its clients as persons in concert, acquired additional shares in the Kolkata-headquartered company on February 24, 2026.

Shareholding Transaction Details

The acquisition involved the purchase of 5,163 shares through open market transactions, representing 0.17% of DHP India's total share capital. This transaction increased Counter Cyclical Investments' total holding from 253,171 shares to 258,334 shares.

Parameter: Before Acquisition After Acquisition Change
Number of Shares: 253,171 258,334 +5,163
Percentage Holding: 8.44% 8.61% +0.17%
Total Share Capital: 30,00,000 shares 30,00,000 shares No change

Regulatory Compliance and Filing

The disclosure was made in accordance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Counter Cyclical Investments Private Limited, incorporated in 2018 with CIN U65999PN2018PTC175591, operates as a portfolio manager and does not belong to the promoter or promoter group of DHP India Limited.

The formal disclosure letter was addressed to both DHP India Limited at its Kolkata office and BSE Limited's Corporate Relationship Department. The company's registered office is located at FN 401 PN 16 Shirkey Building L/O Rajnagar SB Colony, Nagpur MH 440013.

Transaction Structure and Documentation

The acquisition was executed through Counter Cyclical Investments Private Limited acting as a Portfolio Manager, with the actual shareholding held through its clients who are considered persons acting in concert. All shares acquired carry voting rights, and no encumbrances, warrants, or convertible securities were involved in this transaction.

Detail: Information
Target Company: DHP India Limited
Listing Exchange: BSE Limited
Acquirer: Counter Cyclical Investments Private Limited
Transaction Date: February 24, 2026
Filing Date: February 25, 2026
Mode of Acquisition: Open Market

The disclosure was signed by Parminder Pal Singh Bhatia, Director of Counter Cyclical Investments Private Limited (DIN: 07159378), and submitted to both DHP India Limited and BSE Limited on February 25, 2026. The filing included the complete SEBI-prescribed format for substantial acquisition disclosures, confirming that DHP India's equity share capital remains unchanged at 30,00,000 shares following this transaction.

Historical Stock Returns for DHP India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.44%-2.10%-13.20%-26.57%-13.28%+16.84%

More News on DHP India

1 Year Returns:-13.28%