Bigbloc Construction Promoter Acquires 75,000 Shares in Open Market

1 min read     Updated on 23 Sept 2025, 12:58 PM
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Riya DeyScanX News Team
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Overview

Madhu Narayan Saboo, a promoter group member of Bigbloc Construction Limited, has acquired 75,000 equity shares from the open market on September 22, 2025. The transaction was disclosed under SEBI regulations for substantial acquisition of shares. The company filed the necessary disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Bigbloc Construction Limited is listed on both BSE and NSE with ISIN INE412U01025.

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Bigbloc Construction Limited , a prominent player in the construction industry, has reported a significant insider transaction. Madhu Narayan Saboo, a member of the company's promoter group, has acquired 75,000 equity shares from the open market on September 22, 2025.

Transaction Details

The acquisition was disclosed under the Securities and Exchange Board of India (SEBI) regulations for substantial acquisition of shares. The disclosure was submitted by Mohit Narayan Saboo, who serves as the Director & Chief Financial Officer of Bigbloc Construction Limited.

Regulatory Compliance

In compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Bigbloc Construction Limited filed the necessary disclosure under Regulation 29(2). The company's official communication to the stock exchanges stated:

"Madhu Narayan Saboo, belonging to Promoter group of Bigbloc Construction Limited ('the Company') has intimated that she has acquired 75,000 Equity Shares of the Company on September 22, 2025 from open market."

Market Implications

This insider purchase by a promoter group member could be seen as a positive signal by market participants. Typically, such acquisitions are viewed as a sign of confidence in the company's future prospects and potential growth.

Company Information

Bigbloc Construction Limited is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE). The company's International Securities Identification Number (ISIN) is INE412U01025.

Investors and market analysts will likely monitor any further developments or changes in the shareholding pattern of the company's promoter group. As always, it is advisable for investors to conduct their own research and consider multiple factors before making investment decisions based on insider transactions.

Historical Stock Returns for Bigbloc Construction

1 Day5 Days1 Month6 Months1 Year5 Years
-1.28%-2.98%+0.40%-12.64%-52.42%+912.73%
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Bigbloc Construction to Host Non-Deal Roadshow with 26 Financial Institutions in Mumbai

2 min read     Updated on 04 Sept 2025, 03:52 PM
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Shriram ShekharScanX News Team
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Overview

Bigbloc Construction Limited plans a non-deal roadshow in Mumbai on September 9, 2025, organized by Churchgate Partners. The event aims to facilitate interactions between the company and 26 financial institutions, including Arihant Capital, BOB Capital Markets, and Investec. The company emphasizes that only publicly available information will be shared, adhering to market regulations. Recent promoter group transactions include acquisitions of 18,756 and 37,153 equity shares by Narayan Sitaram Saboo (HUF) and Madhu Narayan Saboo respectively.

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Bigbloc Construction Limited, a company listed on both the Bombay Stock Exchange and the National Stock Exchange, has announced plans for a non-deal roadshow in Mumbai. The event, scheduled for September 9, 2025, aims to facilitate interactions between the company and a diverse group of investors and brokers.

Event Details

The non-deal roadshow, organized by Churchgate Partners, will take place as a physical meeting in Mumbai. Bigbloc Construction has confirmed that company officials will be present to engage with participants in a group setting.

Participating Institutions

A total of 26 financial institutions are slated to attend the event. The list includes a mix of well-known names in the financial sector:

Participating Institutions Participating Institutions Participating Institutions
Arihant Capital AV Fincorp Avendus Wealth Management
Blue Ocean Capital BOB Capital Markets Centrum Investment Advisors
Counter Cyclical Investments Dalal & Broacha Emkay Investment Managers
Fractal Capital Investments Investec ITI Alternate Funds Management
KIFS Securities Kriis Portfolio LGT Wealth India
M3 Investment Mehta Equities One-up Capital Ideas
Paladin Capital Pioneer Investcorp Sequent Investments
Shreya Capital Singular Capital India Advisors Spark Capital
Sustain Edge Ventura

Compliance and Transparency

In line with regulatory requirements, Bigbloc Construction has emphasized that the discussions during the roadshow will be based on publicly available information. The company has stated that no unpublished price-sensitive information will be shared during these meetings, adhering to market regulations.

Recent Promoter Group Transactions

In related news, the company has recently disclosed two transactions by members of its promoter group:

  1. On September 3, 2025, Narayan Sitaram Saboo (HUF) acquired 18,756 equity shares of the company from the open market.
  2. On September 2, 2025, Madhu Narayan Saboo acquired 37,153 equity shares of the company from the open market.

These transactions were reported in compliance with SEBI regulations on substantial acquisition of shares.

Flexibility in Scheduling

While the roadshow is currently set for September 9, 2025, the company has noted that the date and time may be subject to change due to potential scheduling conflicts. Investors and interested parties are advised to confirm the final schedule closer to the event date.

This non-deal roadshow represents an opportunity for Bigbloc Construction to engage with the financial community and provide insights into its business operations and strategy, within the bounds of public disclosure regulations.

Historical Stock Returns for Bigbloc Construction

1 Day5 Days1 Month6 Months1 Year5 Years
-1.28%-2.98%+0.40%-12.64%-52.42%+912.73%
Bigbloc Construction
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