The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for BC Asia Investments X Ltd
360ONE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.2 pts less than Nifty Midcap 150 and in line with its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
BC Asia Investments X Limited, a Mauritius-based non-promoter investor, sold 15,000,000 equity shares (3.71% of paid-up capital) of 360 One WAM in the open market on July 22, 2025. Its holding in the company dropped from 88.62 lakh shares (21.92% / 20.83% diluted) before the sale to 73.62 lakh shares (18.21% / 17.30% diluted) after the sale. The mode of transaction was open market sale, and the buyer is not part of the promoter group. Despite trimming its position by nearly 4%, the entity remains a substantial shareholder with over 18% stake.
A 3.71 percentage-point reduction in holding by a large institutional investor could create short-term selling pressure or supply overhang on the stock. However, the seller retaining 18.21% suggests this is likely a portfolio rebalancing rather than an exit, which may limit the negative sentiment.