Announced Tue, 7 Jul · 17:38 IST
Nexta Enterprises LLP acquires 7.20% stake in ACS Technologies via warrant conversion
ACSTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-6.0%1-day move
₹43.10
prior close
₹42.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.7+1.3—+0.1-6.0-2.4+3.0+5.6+0.2-3.9————
Up moveDown movePending
AI summary
Non-promoter Nexta Enterprises LLP acquired 50 lakh equity shares (7.20%) of ACS Technologies on July 3, 2026 by converting preferential warrants into equity. Post-acquisition, its total holding stands at 1.25 crore shares or 18.07 percent of share capital. Disclosure filed under SEBI SAST Regulation 29(1). Share capital of ACS Tech rose to 6.94 crore shares after this conversion.
Likely market impact
Non-promoter entity holding rises to 18.07%, approaching the 25 percent open offer trigger threshold under takeover rules. Monitor further acquisitions.