BSEInsider Trading / SAST7h ago · 25 Sept 2026, 11:34 am
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Craft Emerging Market Fund PCC & Others
CLN Energy Ltd · 544347
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CLN Energy Ltd has received a disclosure under Regulation 29(1) of SEBI (SAST) Regulations, 2011, indicating a substantial acquisition of shares by Craft Emerging Market Fund PCC and others, resulting in a 7.66% stake in the company.
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Full Announcement
CLN Energy Ltd - 544347 - Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
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Format for disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of
Shares and Takeovers) Regulations, 2011
Part-A - Details of the Acquisition
Name of the Target Company (TC)
CLN ENERGY LIMITED
Name(s) of the acquirer and Persons CRAFT EMERGING MARKET FUND PCC - CITADEL CAPITAL FUND
CRAFT EMERGING MARKET FUND PCC - ELITE CAPITAL FUND
Acting in Concert (PAC) with the
CRAFT EMERGING MARKET FUND PCC - ARBITRAGE STARTEGY FUND
acquirer
Whether the acquirer belongs to
Promoter / Promoter group
Name(s) of the Stock Exchange(s)
where the shares of TC are Listed
Details of the acquisition as follows Number % w.r.t.total % w.r.t. total
share/voting diluted
capital share/voting
wherever capital of the
applicable (*) TC (**)
Before the acquisition under
NIL NIL NIL
consideration, holding of acquirer
along with PACs of:
a) Shares carrying voting rights
b) Shares in the nature of
encumbrance (pledge/ lien/ non-
disposal undertaking/ others)
c) Voting rights (VR) otherwise than
by shares
d) Warrants/convertible securities/any
other instrument that entitles the
acquirer to receive shares carrying
voting rights in the TC (specify
holding in each category)
e) Total (a+b+c+d)
Details of acquisition
a) Shares carrying voting rights
acquired
b) VRs acquired otherwise than by
820,800 7.66 7.66
equity shares
c) Warrants/convertible securities/any
other instrument that entitles the
acquirer to receive shares carrying
voting rights in the TC (specify
holding in each category) acquired
d) Shares in the nature of
encumbrance (pledge/ lien/ non-
disposal undertaking/ others)
e) Total (a+b+c+/-d)
After the acquisition, holding of
acquirer along with PACs of:
a) Shares carrying voting rights
b) VRs otherwise than by equity
820,800 7.66 7.66
shares
c) Warrants/convertible securities
/any other instrument that
entitles the acquirer to receive
shares carrying voting rights in
the TC (specify holding in each
category) after acquisition
d) Shares in the nature of
encumbrance (pledge/ lien/ non-
disposal undertaking/ others)
e) Total (a+b+c+d)
Mode of acquisition (e.g. open market /
OPEN MARKET
public issue / rights issue / preferential
allotment / inter-se transfer /
encumbrance, etc.)
Salient features of the securities
acquired including time till redemption,
NOT APPLICABLE
ratio at which it can be converted into
equity shares, etc.
Date of acquisition of / date of receipt of
28 FEB 2025, 29 APRIL 2025 & 16 SEP 2026
intimation of allotment of shares / VR/
warrants/convertible securities/any
other instrument that entitles the
acquirer to receive shares in the TC.
Equity share capital / total voting capital
820,800 / 10,713,296
of the TC before the said acquisition
Equity share capital/ total voting capital
of the TC after the said acquisition 820,800 / 10,713,296
Total diluted share/voting capital of the
820,800 / 10,713,296
TC after the said acquisition