Siemens Syntex Private Limited and its persons acting in concert increased their stake in B & A Limited to 11.449% following an open market acquisition of 1,000 equity shares on August 26, 2026.

The purchase, representing a 0.032% increase in voting capital, was disclosed under Regulation 29(1) and 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquirer group, which does not belong to the promoter category, reported the transaction to both the Bombay Stock Exchange and the National Stock Exchange of India.

Transaction Details

The acquisition was executed entirely through open market purchases. Prior to this transaction, the Siemens Syntex-led consortium held 353,941 shares, accounting for 11.417% of the company’s total voting capital. The addition of 1,000 shares brought the total holding to 354,941 shares.

Persons Acting in Concert

The disclosure lists six entities alongside Siemens Syntex Private Limited as persons acting in concert (PACs). These include Amrex Marketing Private Limited, Dalhousie Holdings Limited, Bhubnesh Commercial Private Limited, Maruti Traders and Investors, and individuals Keshav Parasramka and Krishnam Parasramka.

Siemens Syntex Private Limited remains the largest single entity within the group, increasing its individual holding from 87,336 shares (2.817%) to 88,336 shares (2.849%). Maruti Traders and Investors holds the second-largest portion of the consortium’s stake at 144,652 shares (4.666%), which remained unchanged during this specific transaction.

What the Numbers Show

The acquisition represents a marginal consolidation of the existing stake rather than a significant shift in ownership structure. With the total voting capital of B & A Limited standing at ₹31,000,000, the purchase of 1,000 shares indicates routine portfolio adjustment within the PAC group rather than a strategic accumulation aimed at crossing new regulatory thresholds.

B & A Ltd shareholder Siemens Syntex Private Limited has disclosed an off-market sale of 50 equity shares, executed on August 17, 2026, to rectify a short delivery position. The disclosure was filed with the Bombay Stock Exchange and the National Stock Exchange on August 19, 2026, in compliance with Regulations 29(1) and 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The disposal represents a nominal adjustment to the group’s stake. Siemens Syntex, along with its persons acting in concert (PACs), held 353,991 shares, representing 11.418% of the total voting capital, prior to the transaction. Following the off-market sale, the aggregate holding decreased to 353,941 shares, or 11.417% of the equity share capital.

Shareholding Structure

The seller, Siemens Syntex Private Limited, is not part of the promoter group. The entity holds shares alongside six PACs, including Amrex Marketing Pvt Ltd, Dalhousie Holdings Ltd, and Maruti Traders and Investors. The short delivery intimation received from the stock exchange triggered this mandatory disclosure.

What the Numbers Show

The transaction involved only Siemens Syntex Private Limited, which reduced its individual stake from 87,386 to 87,336 shares. The holdings of all other PACs remained unchanged, indicating that the short delivery obligation was settled solely through the primary acquirer’s account rather than across the concert group. The total equity share capital of B & A Ltd remained constant at ₹31,000,000.