BSEInsider Trading / SAST24 Aug 2026 · 24 Aug 2026, 10:19 am

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chhaya Gaurang Shah

New Markets Avenue Ltd · 508867

✦ AI SummaryRelated Party

New Markets Avenue Ltd has received a disclosure under Regulation 29(1) of SEBI (SAST) Regulations, 2011, regarding the acquisition of 10,00,000 shares by Mrs. Chhaya Gaurang Shah, representing a 9.77% stake in the company.

Analysis Scores

Earnings Impact2/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk2/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

New Markets Avenue Ltd - 508867 - Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011

Attachments (1)

📄

630F7221_6FCD_4208_9BC7_4197DEF7A240_101952.pdf

pdf

Download →
View document text
CHHAYA GAURANG SHAH A 601 sudama tower, Khaugali, station road, Bhayandar West 401101, Thane Maharashtra The Manager, Department of Corporate Services, Bombay Stock Exchange Limited, Dalal Street, Fort, Mumbai – 400001 Kind Attention: Mr. Rakesh Parekh Dear Sir, Sub.: Disclosure under Regulation 29 (1) of SEBI Regulation, 2011 (Substantial Acquisition of Shares and Takeover) Ref.: Name- New Markets Avenue Limited (Formerly Known as New Markets Advisory Limited) and Scrip Code- 508867 With reference to the subject matter, enclosed herewith please find the details of Shares acquired of New Markets Avenue Limited (Formerly Known as New Markets Advisory Limited) in term of Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeover) Regulation, 2011 on 13th August, 2026. Kindly take the same on your records and acknowledge the receipt. Mrs. Chhaya Gaurang Shah Authorised Signatory Date: 22/08/2026 Place: Mumbai Format for disclosures under Regulation 29(1) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 New Markets Avenue Limited (Formerly Known Name of the Target Company (TC) as New Markets Advisory Limited) Name(s) of the acquirer and Persons Acting in Concert Mrs. Chhaya Gaurang Shah (PAC) with the acquirer Whether the acquirer belongs to Promoter/Promoter group Name(s) of the Stock Exchange(s) where the shares of TC are Bombay Stock Exchange Limited Listed Number % w.r.t. total % w.r.t. total share/voting diluted Details of the acquisition / disposal as follows capital share/voting wherever capital of the applicable(*) TC (**) Before the acquisition/disposal under consideration, 0 0.00% 0.00% holding 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 T C (specify holding in each category) 0 0.00% 0.00% e) Total (a+b+c+d) Details of acquisition/sale a) Shares carrying voting rights acquired/sold 10,00,000 9.77% 9.77% b) VRs acquired /sold otherwise than by 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/sold d) Shares encumbered / invoked/released by the acquirer e) Total (a+b+c+/-d) 10,00,000 9.77% 9.77% After the acquisition/sale, holding of: a) Shares carrying voting rights 10,00,000 9.77% 9.77% b) Shares encumbered with the acquirer c) VRs 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) after acquisition 10,00,000 9.77% 9.77% e) Total (a+b+c+d) Mode of acquisition / sale (e.g. open market / off-market / Preferential Allotment public issue / rights issue / preferential allotment / inter-se transfer etc). Date of acquisition / sale of shares / VR or date of receipt of 13-08-2026 intimation of allotment of shares, whichever is applicable Equity share capital / total voting capital of the TC before the 1,02,40,000 equity shares of Rs. 10/- said acquisition / sale Equity share capital/ total voting capital of the TC after the said 1,02,40,000 equity shares of Rs. 10/- acquisition / sale Total diluted share/voting capital of the TC after the said acquisition (*) 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. Mrs. Chhaya Gaurang Shah Authorised Signatory Place: Mumbai Date: 22-08-2026