Leapfrog Engineering Services Ltd files Reg 29(2) disclosure for Deep Health AI India Ltd
On 29 June 2026 Leapfrog Engineering Services Ltd submitted a Regulation 29(2) filing to the BSE, indicating a substantial acquisition or takeover proposal concerning Deep Health AI India Ltd.
What Leapfrog Engineering Services Ltd announced
Leapfrog Engineering Services Ltd (BSE: 544797) filed a disclosure with the Bombay Stock Exchange on 29 June 2026 under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing relates to a proposed acquisition or takeover of Deep Health AI India Ltd. No additional details such as the percentage of shares sought, consideration amount, or timeline were provided in the filing.
Regulation 29(2) filing requirements
Regulation 29(2) mandates that any person or entity acquiring, or intending to acquire, 25 % or more of the voting rights in a listed company must immediately disclose the intention to the stock exchange. The disclosure must include:
- Name of the acquirer and target company
- Date of the proposed acquisition
- Any material terms that are already agreed upon (if any)
- A statement that the acquirer will comply with the lock‑in period and other procedural requirements. In this case, Leapfrog has complied with the initial notification requirement, but the filing does not contain quantitative specifics.
Details disclosed in the filing
| Detail | Value |
|---|---|
| Acquirer | Leapfrog Engineering Services Ltd |
| Target | Deep Health AI India Ltd |
| Exchange | Bombay Stock Exchange |
| BSE Code (Acquirer) | 544797 |
| Filing Date | 29 June 2026 |
| Regulation | SEBI (SAST) Reg. 29(2), 2011 |
| Disclosure Content | Statement of intent to acquire shares in Deep Health AI India Ltd; no monetary or percentage figures disclosed |
| Source | BSE filing (PDF) |
Why this matters for investors
The filing signals that Leapfrog is moving towards a significant stake in Deep Health AI India Ltd, which could affect both companies' future earnings, governance, and strategic direction. Under SEBI rules, once the 25 % threshold is crossed, the acquirer must observe a lock‑in period of one year for the acquired shares, limiting immediate resale. Investors should monitor subsequent disclosures for details on the size of the stake, consideration, and any conditions precedent to the transaction.
Conclusion
Leapfrog Engineering Services Ltd has formally notified the BSE of its intention to acquire a substantial shareholding in Deep Health AI India Ltd, as required by Regulation 29(2). The current filing provides only a high‑level acknowledgment; further information on the transaction’s scale and terms is expected in later disclosures.
Frequently asked questions
Source filing: view original