Suryoday Small Finance Bank Limited — Insider Trade, 22-05-2025: Insider/ Institutional Trade
1729 Capital, along with 1729 Advisors LLP, Pandit Pvt. Trust, Shri Deepak Thakran, and his brothers (Shri Arjun Singh Thakran, Shri Prashant Thakran, and Shri Sanjay Thakran), acquired additional shares of Suryoday Small Finance Bank Ltd via open market purchase. Their holding increased by 2.18% to a total of 7.14% of the equity share capital, equivalent to 75.92 lakh shares. Despite the aggregate holding crossing 5%, voting rights have been restricted below 5% as per RBI guidelines, and the bank is seeking post-facto approval for this threshold breach. This updated disclosure corrects earlier non-reporting due to a prior different understanding of the Persons Acting in Concert (PAC) status. Investors should note the increase in stake by this significant group and the related regulatory compliance steps underway.
