Faze Three Promoter Ajay Anand Increases Stake Through Open Market Purchase

1 min read     Updated on 28 Mar 2026, 07:05 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Ajay Anand, promoter of Faze Three Limited, acquired 12,600 equity shares (0.05%) through open market purchase on March 27, 2026. His individual shareholding increased from 34.78% to 34.83%, while combined holding with persons acting in concert rose from 57.95% to 58.00%. The acquisition was disclosed under SEBI takeover regulations to BSE and NSE where the company is listed.

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Faze three promoter Ajay Anand has increased his shareholding in the company through an open market acquisition of equity shares. The transaction was disclosed under SEBI regulations governing substantial acquisitions and takeovers.

Share Acquisition Details

Ajay Anand acquired 12,600 equity shares of Faze Three Limited on March 27, 2026, through open market purchase. The acquisition represents 0.05% of the company's total share capital.

Parameter Before Acquisition After Acquisition Change
Individual Holding (Shares) 84,57,502 84,70,102 +12,600
Individual Holding (%) 34.78% 34.83% +0.05%
With PAC (Shares) 1,40,92,393 1,41,04,993 +12,600
With PAC (%) 57.95% 58.00% +0.05%

Persons Acting in Concert

The disclosure identifies several persons acting in concert (PAC) with Ajay Anand:

  • Ajay Anand (HUF)
  • Rashmi Anand
  • Sanjay Anand
  • Vishnu Anand
  • Rohina Anand
  • Instyle Investments Private Limited
  • Anadry Investments Private Limited
  • Mamata Finvest Private Limited

Company Share Capital Structure

Faze Three Limited's equity share capital remains unchanged at Rs. 24,31,90,000, comprising 2,43,19,000 equity shares with a face value of Rs. 10 each. The company's shares are listed on both BSE Limited (Scrip Code: 530079) and National Stock Exchange of India Limited (Symbol: FAZE3Q).

Regulatory Compliance

The acquisition disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The disclosure was submitted to the company secretary of Faze Three Limited and both stock exchanges where the company's shares are traded. No encumbrances, voting rights other than equity shares, or convertible securities were involved in this transaction.

Historical Stock Returns for Faze Three

1 Day5 Days1 Month6 Months1 Year5 Years
+2.32%-2.04%-11.31%-15.41%+14.17%+32.46%

Will Ajay Anand and his PAC group continue accumulating shares to reach the 75% threshold for delisting consideration?

How might this increased promoter holding affect Faze Three's ability to raise capital through future equity offerings?

Could this shareholding increase signal potential corporate restructuring or strategic initiatives at Faze Three?

Faze Three Limited to Participate in Arihant Capital Bharat Connect Conference on March 11, 2026

1 min read     Updated on 06 Mar 2026, 05:54 PM
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Reviewed by
Ashish TScanX News Team
AI Summary

Faze Three Limited announced its participation in the Arihant Capital Bharat Connect Conference: Rising Stars - 2026, scheduled for March 11, 2026, as a virtual investor conference. The company filed the notification under SEBI regulations, emphasizing that discussions will be based on publicly available information with no unpublished price sensitive information to be shared. The management team will reference the investor presentation previously issued to stock exchanges on February 13, 2026, during the conference interactions with institutional investors and analysts.

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Faze three Limited has announced its participation in an upcoming investor conference, informing stock exchanges about the scheduled engagement with institutional investors and analysts. The company filed the notification on March 06, 2026, under SEBI regulations governing listed companies' disclosure requirements.

Conference Details

The management team will participate in the Arihant Capital Bharat Connect Conference: Rising Stars - 2026, scheduled as a virtual event. The conference represents part of the company's ongoing investor engagement activities.

Parameter Details
Conference Name Arihant Capital Bharat Connect Conference: Rising Stars - 2026
Date March 11, 2026
Venue Virtual
Meeting Type Investor Conference
Nature Investor Group

Regulatory Compliance

The notification was filed pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Akram Sati signed the disclosure, ensuring compliance with stock exchange requirements.

Information Framework

During the investor interactions, Faze Three Limited will reference its investor presentation previously issued to stock exchanges on February 13, 2026. The presentation is available on both BSE and NSE websites for public access.

The company emphasized that all discussions will be based on publicly available information, with no unpublished price sensitive information intended for discussion during the interactions. The management noted that the conference schedule may undergo changes due to exigencies on the part of participants or the company.

Corporate Structure

Faze Three Limited operates with its registered office located at Survey 380/1, Khanvel Silvassa Road, Dapada, Silvassa, in the Union Territory of Dadra and Nagar Haveli. The company maintains its corporate office at Mittal Court, Nariman Point, Mumbai, serving as the primary business operations center.

Historical Stock Returns for Faze Three

1 Day5 Days1 Month6 Months1 Year5 Years
+2.32%-2.04%-11.31%-15.41%+14.17%+32.46%

More News on Faze Three

1 Year Returns:+14.17%