ACN Financial Services Acquires Shares in BLB Limited
ACN Financial Services Limited disclosed a transaction involving shares in BLB Limited on March 24, 2026, as per Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeover Regulations), 2011.ACN Financial Services Limited, which does not belong to a promoter or promoter group, held 53,17,668 shares, representing 10.06% of the total share and voting capital, and 10.06% of the total diluted share and voting capital of BLB Limited prior to the transaction.
The company sold 10,56,868 shares, constituting 2.00% of the total share and voting capital and 2.00% of the total diluted share and voting capital. Following the sale, ACN Financial Services Limited now holds 42,60,800 shares in BLB Limited, representing 8.06% of the total share and voting capital.
The transaction occurred in the open market on March 23, 2026. The total equity share capital and total voting capital of BLB Limited remains at Rs. 5,28,65,258, equivalent to 52,865,258 equity shares of Re. 1 each.
Praveen Kumar, Whole Time Director and DIN: 06630719 of ACN Financial Services Limited, authorized the disclosure.
| Detail | Value |
|---|---|
| Previous Holding (Shares carrying voting rights) | 53,17,668 |
| Previous Holding (% w.r.t. total share/voting capital) | 10.06% |
| Previous Holding (% w.r.t. total diluted share/voting capital) | 10.06% |
| Shares Sold/Acquired (Shares carrying voting rights) | 10,56,868 |
| Shares Sold/Acquired (% w.r.t. total share/voting capital) | 2.00% |
| Shares Sold/Acquired (% w.r.t. total diluted share/voting capital) | 2.00% |
| Current Holding (Shares carrying voting rights) | 42,60,800 |
| Total Equity Share Capital | Rs. 5,28,65,258.00 |
Source:
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