The Exchange has received the disclosure under Regulation 18(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Amit Sharma & Arjit Sachdeva

Acquisition announcedStrategic Transactions View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+8.9%Reaction day

₹31.20

prior close

₹30.78

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.5%+10.4% vs market

Leather And Leather Products peers, median of 8sector-0.6%+9.5% vs sector

On the reaction day the stock moved 10.4 pts more than Nifty Microcap 250 and 9.5 pts more than its Leather And Leather Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+10.4

15m

+10.4

30m

+10.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+8.9-1.5+10.4-0.6+9.5

Next day

+5.3-1.8+7.1-0.6+5.8

+0.1-1.5+1.6-1.1+1.1

-1.0-2.5+1.5-1.9+0.9

-3.0-2.8-0.2-2.1-0.9

-4.9-4.6-0.3-4.9+0.0

-8.7-4.0-4.6-3.5-5.1

15d

-17.5-0.4-17.1-2.1-15.4

-12.4-0.1-12.3+1.5-13.9

+59.9-4.8+64.6-7.1+67.0

+106.2-2.1+108.3+6.1+100.1

UpDownMarket · Nifty Microcap 250Sector · Leather And Leather Products peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Amit Sharma and Arjit Sachdeva have acquired 3,61,54,529 equity shares in Anka India Limited, representing 70.15% of the post-issue equity capital. The shares were allotted on 11-06-2025 through a preferential allotment at Rs. 17 per share. Before this acquisition, the acquirers held negligible stake (0.00%), and post-allotment Amit Sharma alone holds 70.15% of the company. This is a disclosure filed during the offer period as required under SEBI Takeover Regulations.

Likely market impact

This preferential allotment gives the acquirers a controlling 70.15% stake in Anka India Limited, effectively making Amit Sharma and Arjit Sachdeva the new promoters. Existing minority shareholders should note the significant change in control and the dilutive impact of the preferential issue priced at Rs. 17 per share.