Silver Touch Technologies promoter acquires 600 shares on market
- Vipul Haridas Thakkar acquired 600 equity shares on September 30, 2026
- Post-acquisition voting rights holding stands at 2,59,66,230 shares (20.48%)
- Total diluted holding including encumbrances is 2,68,94,360 shares (21.21%)
- Transaction executed via open market purchase under SEBI Regulation 29(2)
*this image is generated using AI for illustrative purposes only.
Silver Touch Technologies Limited promoter and Managing Director Vipul Haridas Thakkar acquired 600 equity shares through open market transactions on September 30, 2026. The disclosure was filed with stock exchanges under SEBI regulations regarding substantial acquisition of shares.
The transaction involved a buy order executed on the open market. Following this acquisition, Thakkar’s holding in voting rights increased to 2,59,66,230 shares, representing 20.48% of the company’s total share capital. The total holding including encumbered shares stands at 2,68,94,360 shares, or 21.21% of the diluted capital.
Transaction details
The acquisition was reported in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The table below outlines the pre- and post-transaction holding structure for the promoter.
| Metric | Before Acquisition | After Acquisition |
|---|---|---|
| Shares carrying voting rights | 2,59,65,630 | 2,59,66,230 |
| Percentage of voting capital | 20.48% | 20.48% |
| Encumbered shares (pledge/lien) | 9,28,130 | 9,28,130 |
| Total holding (voting + encumbered) | 2,68,93,760 | 2,68,94,360 |
| Total percentage of diluted capital | 21.21% | 21.21% |
Regulatory compliance
The company’s equity share capital remained unchanged at ₹25,36,20,000, divided into 12,68,10,000 equity shares of ₹2 each. The mode of acquisition was confirmed as an open market purchase. No warrants, convertible securities, or voting rights acquired otherwise than by shares were reported in this transaction.
What the numbers show
The acquisition of 600 shares is marginal relative to the promoter’s existing stake of over 2.59 crore shares. Consequently, the percentage holding remains static at 20.48% for voting rights and 21.21% for total diluted capital when rounded to two decimal places. This indicates a minor incremental accumulation rather than a significant change in control or strategic positioning.
Historical Stock Returns for Silver Touch Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.64% | -9.67% | -22.46% | +33.13% | +94.91% | +635.05% |
Will Silver Touch Technologies' promoter continue incremental open market purchases to consolidate control or signal confidence to the market?
How might the unchanged encumbered share ratio impact the company's future debt capacity and financial flexibility?
Are there upcoming regulatory filings or corporate actions that could trigger a re-evaluation of the promoter's 20.48% voting stake?
19
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
