Bigbloc Promoter Buys 75,000 Shares, Signals Confidence in Company Growth

In a notable insider transaction, Madhu Narayan Saboo, part of the promoter group of Bigbloc Construction Limited, has acquired 75,000 equity shares from the open market on September 22, 2025. The acquisition was formally disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The disclosure was submitted by Mohit Narayan Saboo, Director and CFO of the company, to both BSE and NSE, where Bigbloc Construction is listed. The company’s ISIN is INE412U01025.

This move is being interpreted by market watchers as a vote of confidence in Bigbloc’s long-term prospects. Promoter purchases often signal internal optimism about future performance, especially in sectors like construction where demand cycles and policy tailwinds play a key role.

Bigbloc Construction has been expanding its footprint in the AAC block segment and recently reported improved operating margins. While the transaction doesn’t alter control, it does reflect promoter conviction at current market valuations.

Investors will be watching for further promoter activity or strategic announcements in the coming quarters. As always, insider transactions should be viewed alongside broader financial indicators and sector trends before making investment decisions.