Plenitude Enterprises Private Limited has increased its stake in Bhanderi Infracon to 9.61% of the total equity capital. The Mumbai-based acquirer filed a disclosure on September 26, 2026, reporting the acquisition of 51,600 equity shares through open market transactions between September 9 and September 24, 2026.

This latest accumulation brings the combined holding of Plenitude Enterprises and its Persons Acting in Concert (PAC), Planera Enterprises Private Limited, from 7.63% (1,98,000 shares) to 9.61% (2,49,600 shares). The filing is made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The acquirer executed six open market purchases subsequent to its previous disclosure. The transactions involved consistent daily volumes for the first five days, followed by a smaller purchase on the final date. The breakdown of the recent acquisitions is as follows:

Regulatory Context

The target company’s total equity share capital remains unchanged at 25,96,600 shares with a face value of ₹10 each. Plenitude Enterprises is not part of the promoter group of Bhanderi Infracon. No shares were encumbered or pledged during these transactions.

What the Numbers Show

The steady accumulation pattern, with five consecutive identical purchases of 9,600 shares, suggests a systematic acquisition strategy rather than opportunistic buying. This methodical approach allowed Plenitude Enterprises to cross the 9.61% threshold without triggering immediate regulatory scrutiny associated with larger single-day blocks, maintaining a consistent pace over two weeks.

Plenitude Enterprises Private Limited has increased its stake in Bhanderi Infracon Limited to 7.26% of the total equity share capital. The acquisition was executed through open market transactions.

The private limited company disclosed the change in shareholding under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to BSE Limited and the company secretary on September 9, 2026.

Acquisition Details

Plenitude Enterprises acquired a total of 52,800 equity shares carrying voting rights. This purchase represents a 2.03% increase in its holding relative to the total equity share capital. The previous disclosure had reported a holding of 5.22%.

The acquisition occurred through three separate open market transactions:

Shareholding Structure

Following these transactions, Plenitude Enterprises’ total holding stands at 1,88,400 shares. This includes shares held by Persons Acting in Concert (PAC), specifically Planera Enterprises Private Limited.

The total equity share capital of Bhanderi Infracon Limited remains unchanged at 25,96,600 equity shares with a face value of ₹10 each. The aggregate paid-up capital is ₹2,59,66,000. There are no encumbrances, pledges, or convertible securities associated with the acquired shares.