BSEAcknit Industries LtdMediumPositive
Announced Mon, 8 Jun · 18:44 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shri Krishan Saraf & Sons HUF

Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership Changes View source PDF

Price

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▲ 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
+5.7%1-day move
₹280.00
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+5.7+3.2+5.0+5.4+3.6+6.8+7.1+4.4
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AI summary

Shri Krishan Saraf & Sons HUF, part of the promoter group of Acknit Industries Ltd, purchased 61,000 equity shares through an inter-se transfer (among promoter group entities). The acquisition increased their holding from 1,37,797 shares (4.53%) to 1,98,797 shares (6.54%), representing a 2.01% increase in voting capital. The transaction took place on 08.06.2026 and moved the HUF's stake across the 5% disclosure threshold. The total equity share capital of the company is 30,40,000 shares of Rs. 10 each.

Likely market impact

This is a promoter-group internal reshuffle rather than an open-market purchase, so it signals consolidation within the promoter family rather than new money coming in. For shareholders, the overall promoter shareholding in the company remains the same, and the share price is unlikely to be materially affected by this transfer.