BSEInsider Trading / SAST6d ago · 21 Oct 2026, 05:35 pm
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for ACIF - 1
Seshasayee Paper and Boards Ltd · 502450
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Seshasayee Paper and Boards Ltd has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, indicating a change in shareholding by Atyant Capital India Fund 1, increasing their stake from 5.364% to 3.297%.
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Seshasayee Paper and Boards Ltd - 502450 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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ANNEXURE – 2
Name of the Target Company (TC) SeshaSayee Paper and Boards Limited
Name(s) of the acquirer and Persons Acting in Concert ACIF-1
(PAC)
with the acquirer
Whether the acquirer belongs to Promoter/Promoter NO
group
Name(s) of the Stock Exchange(s) where the shares of National Stock Exchange & Bombay Stock Exchange
TC are
Listed
Details of the acquisition / disposal as follows Number % w.r.t. total share/voting % w.r.t. total
Capital wherever Diluted
applicable(*) share/voting capital
of the TC (**)
Before the acquisition under consideration, holding
of :
a) Shares carrying voting rights 5.364% NA
33,83,140
b) Shares in the nature of encumbrance (pledge/ lien/ NIL NA NA
non-disposal undertaking/ others)
c) Voting rights (VR) otherwise than by shares NIL NA NA
d) Warrants/convertible securities/any other NIL NA NA
instrument that entitles the acquirer to receive shares
carrying
voting rights in the T C (specify holding in each
category)
e) Total (a+b+c+d) 33,83,140 5.364% NA
Details of sale
f) Shares carrying voting rights sold 13,03,649 2.067% NA
g) VRs acquired /sold otherwise than by shares NIL NA NA
h) Warrants/convertible securities/any other NIL NA NA
instrument
that entitles the acquirer to receive shares carrying
voting rights in the TC (specify holding in each
category) acquired/sold
i) Shares encumbered / invoked/released by the NIL NA NA
acquirer
j) Total (a+b+c+/-d) 13,03,649 2.067% NA
After the acquisition/sale, holding of:
e) Shares carrying voting rights 20,79,491 3.297% NA
f) Shares encumbered with the acquirer NIL NA NA
g) VRs otherwise than by shares NIL NA NA
h) Warrants/convertible securities/any other NIL NA NA
instrument
that entitles the acquirer to receive shares carrying
voting rights in the TC (specify holding in each
category) after acquisition
i) Total (a+b+c+d) 20,79,491 3.297% NA
Mode of acquisition / sale (e.g. open market / off- Open Market
market /
public issue / rights issue / preferential allotment /
inter-se
transfer etc).
Date of sale of shares / VR or date of receipt of 05-10-26 -50565 shares
intimation of allotment of shares, whichever is 06-10-26 -7058 shares
applicable 07-10-26 -219403 shares
08-10-26 -27000 shares
09-10-26 -27000 shares
12–10-26 -505670shares
13-10-26 -35000 shares
14-10-26 -187573 shares
15-10-26 -63380 shares
19-10-26 -50000 shares
21-10-26 -131000 shares
Equity share capital / total voting capital of the TC Rs.1,26,136,280.00
before the
said acquisition / sale
Equity share capital/ total voting capital of the TC after Rs.1,26,136,280.00.
said acquisition / sale
Total diluted share/voting capital of the TC after the -
said
acquisition
Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of
Shares and Takeovers) Regulations, 2011
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35
of the listing Agreement.
(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible
securities/warrants into equity shares of the TC.
Signature of the acquirer / seller / Authorised Signatory
Danielle Tin Kin Wang
Atyant Capital India Fund 1
Place: C/O IQ EQ Fund Services (Mauritius) Ltd, 33 Edith Cavell Street Port Louis
Mauritius 11324
Date: 21 October 2026