Crescentis Capital Ltd files SEBI Reg 29(2) disclosure for two shareholders

What Crescentis Capital Ltd announced

Crescentis Capital Ltd (BSE: 511571) informed the Bombay Stock Exchange that it has received a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The disclosure, filed on 29 June 2026, relates to share acquisitions made by Bhavanam Ruthvik Reddy and Dr. Bhaskar Rao Bollineni.

The filing itself does not contain details such as the number of shares acquired, the percentage of the company's equity that the acquisitions represent, or the monetary consideration paid. It merely confirms that the two parties have crossed the threshold that triggers a mandatory disclosure under the SAST framework.

"The Exchange has received the disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011 for Bhavanam Ruthvik Reddy & Dr. Bhaskar Rao Bollineni" – BSE filing, 29 June 2026.

Regulation 29(2) disclosure details

Regulation 29(2) requires any person or entity that acquires more than 1% of the voting share capital of a listed company, or whose cumulative holdings cross the 5% threshold, to disclose the acquisition to the stock exchange within two working days. The purpose is to ensure transparency for investors and to monitor potential changes in control.

In this case, the filing confirms that the two individuals have met the criteria for a substantial acquisition, prompting the mandatory disclosure. No further information—such as the exact share count, percentage ownership, or the source of funds—was provided in the PDF attached to the filing.

Key facts at a glance

Why this matters for investors

The filing signals that two new shareholders have crossed a material ownership threshold, which could affect voting dynamics, board composition, or future strategic decisions. While the exact size of the holdings is unknown, the requirement to disclose under Regulation 29(2) indicates that the stakes are significant enough to merit regulatory attention. Investors should monitor subsequent filings for any updates on share percentages, any potential agreements between the new shareholders and existing promoters, and any changes in the company’s shareholding pattern that may be disclosed in future quarterly or annual reports.

Conclusion

Crescentis Capital Ltd has complied with SEBI’s disclosure requirements by reporting that Bhavanam Ruthvik Reddy and Dr. Bhaskar Rao Bollineni have made a substantial acquisition of its shares. The filing does not reveal the magnitude of the holdings, leaving the exact impact on the company’s ownership structure unclear. Further disclosures, if any, will be required as the shareholding percentages evolve.