Silver Touch Technologies Promoter Acquires 15,300 Additional Shares

1 min read     Updated on 18 Mar 2026, 12:28 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Silver Touch Technologies promoter and Managing Director Vipul Haridas Thakkar has acquired 15,300 additional equity shares through open market purchases executed on March 16-17, 2026. The transactions increased his total shareholding from 21.11% to 21.13%, with voting rights shares rising to 2,58,61,330. All disclosures were made in compliance with SEBI regulations.

powered bylight_fuzz_icon
34940395

*this image is generated using AI for illustrative purposes only.

Silver Touch Technologies promoter and Managing Director Vipul Haridas Thakkar has acquired an additional 15,300 equity shares through open market purchases executed on March 16 and March 17, 2026. The latest acquisition was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, with formal disclosures made to both National Stock Exchange of India Limited and BSE Limited on March 17, 2026.

Latest Transaction Details

The regulatory disclosure reveals that Thakkar executed the share purchases across two consecutive trading sessions in March 2026. The transactions were completed through open market purchases as part of routine promoter investment activity.

Transaction Details: March 16, 2026 March 17, 2026 Total Acquisition
Number of Shares: 6,300 9,000 15,300
Transaction Mode: Open Market Purchase Open Market Purchase Open Market
Disclosure Date: March 17, 2026 March 17, 2026 March 17, 2026

Updated Shareholding Position

Following the completion of these transactions, Thakkar's total shareholding in Silver Touch Technologies has increased marginally. The updated holding pattern shows his enhanced stake in the company across different categories.

Holding Category: Before Acquisition After Acquisition Net Change
Voting Rights Shares: 2,58,46,030 (20.38%) 2,58,61,330 (20.39%) +15,300
Encumbered Shares: 9,28,130 (0.73%) 9,28,130 (0.73%) No change
Total Holding: 2,67,74,160 (21.11%) 2,67,89,460 (21.13%) +15,300

Company Capital Structure

Silver Touch Technologies Limited maintains its equity share capital structure unchanged following these promoter transactions. The company's authorized and issued capital remains stable throughout the acquisition period.

Capital Structure: Details
Equity Share Capital: Rs. 25,36,20,000
Total Number of Shares: 12,68,10,000
Face Value per Share: Re. 2.00
Stock Exchange Listing: NSE (SILVERTUC) & BSE (543525)

Regulatory Compliance

All disclosures were made in strict compliance with SEBI regulations for substantial acquisition reporting, ensuring complete transparency in promoter shareholding changes. The acquisition represents a marginal increase of 0.02% in total holding percentage, reflecting the promoter's continued confidence in the company's prospects. Company Secretary and Compliance Officer Kashish Purohit facilitated the regulatory filings to both stock exchanges as per prescribed timelines.

Historical Stock Returns for Silver Touch Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+9.17%+10.52%+91.38%+84.23%+1,599.25%

What strategic initiatives or growth plans might Silver Touch Technologies be pursuing that prompted the promoter to increase his stake at this time?

How might this promoter confidence signal affect institutional investor sentiment and the company's stock performance in the coming quarters?

Will Silver Touch Technologies announce any major business expansions or acquisitions that could justify the promoter's continued investment?

Silver Touch Technologies
View Company Insights
View All News
like15
dislike
1 Year Returns:+84.23%