Date: June 11, 2026
Disclosure Under SEBI SAST Regulations
Modis Navnirman Limited submitted a disclosure received from Aegis Investment Fund PCC under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure pertains to the acquisition of equity shares of the company by Aegis Investment Fund PCC.
Acquisition Details
- Target Company: Modis Navnirman Ltd
- Acquirer: Aegis Investment Fund PCC (not part of Promoter/Promoter group)
- Stock Exchanges: NSE/BSE Limited
- Pre-acquisition holding: 1,192,348 shares (6.09% of total voting capital)
- Acquisition quantity: 457,142 shares (2.33% of total voting capital)
- Post-acquisition holding: 1,649,490 shares (8.42% of total voting capital)
- Date of acquisition: June 3, 2026
- Type of acquisition: Shares carrying voting rights
- No encumbrance, warrants, or convertible securities were involved in the transaction
Regulatory Compliance Note
The company noted that the acquirer (Aegis Investment Fund PCC) attempted to file the disclosure with NSE within the prescribed timeline but encountered a technical/system-related issue that prevented successful filing on the NSE platform. No clarification was received from NSE regarding this filing attempt. The acquirer successfully filed the disclosure with BSE within the prescribed timeline in compliance with SEBI SAST Regulations.