BSEInsider Trading / SAST5d ago · 9 Oct 2026, 10:36 am

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for ICL Fincorp Ltd & Others

Salem Erode Investments Ltd · 540181

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Salem Erode Investments Ltd received a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011 from ICL Fincorp Ltd & Others regarding the issue and allotment of 75,99,140 equity shares through a Right issue.

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Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment5/10

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Salem Erode Investments Ltd - 540181 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

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Ref: SEC/SEIL/BSE/2026/138 Date: October 08, 2026 Scrip Code: 540181 BSE Limited Phiroze Jejeebhoy Towers, Dalal Street,Mumbai – 400 001 Sub: Disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“SEBI (SAST) Regulations”). Dear Sir/Madam, We have received an intimation from ICL Fincorp Limited, Mr. K G Anilkumar and Ms. Umadevi Anilkumar pursuant to Regulation 29 (2) of the SEBI (SAST) Regulations with respect to the issue and allotment of 75,99,140 equity shares of Salem Erode Investments Limited (“Target Company”), by way of Right issue in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations. In this regard we are submitting herewith disclosure received pursuant to Regulation 29 (2) of the SEBI (SAST) Regulations. We request you kindly take the same on record. Thanking you. For Salem Erode Investments Limited Visakh T V Company Secretary & Compliance Officer