The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on September 17, 2025 for Parul Bimal Thakkar

Pledge ReleasedOwnership Changes View source PDF Explain this filing

ADFFOODS · price

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▲ 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

+2.5%Reaction day

₹230.78

prior close

₹232.17

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+1.9% vs market

Packaged Foods peers, median of 32sector-0.0%+2.5% vs sector

On the reaction day the stock moved 1.9 pts more than Nifty Microcap 250 and 2.5 pts more than its Packaged Foods 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

+1.7

10m

+1.4

15m

+0.8

30m

+1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.5+0.6+1.9-0.0+2.5

Next day

+0.3+0.4-0.1-0.2+0.6

+0.4+0.8-0.3-0.5+1.0

+0.4+0.0+0.4-1.4+1.8

-0.9-0.3-0.7-2.6+1.7

-2.1-0.6-1.4-2.2+0.2

-5.1-3.8-1.3-3.6-1.5

15d

-10.9-2.9-8.0-5.3-5.6

-11.8-2.9-8.9-4.7-7.1

-5.1-1.5-3.6-8.3+3.3

-9.4-8.1-1.3-11.5+2.1

UpDownMarket · Nifty Microcap 250Sector · Packaged Foods peers, median of 32Pending

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

AI summary

ADF Foods promoter Parul Bimal Thakkar has released a pledge on 12 lakh (12,00,000) shares on September 16, 2025, following a partial repayment of a loan owed to Bajaj Finance Limited. Before the release, 16.50 lakh shares (1.50% of share capital) were encumbered; after the release, only 4.50 lakh shares (0.41%) remain pledged. Parul Bimal Thakkar continues to hold 54.29 lakh shares, representing 4.94% of ADF Foods' total share capital. The disclosure was filed under SEBI's SAST Regulation 31(1)/(2) for encumbrance release. Other promoter family members, including Sumer Bimal Thakkar, continue to have smaller pledged holdings with Bajaj Finance.

Likely market impact

This is a mildly positive signal for shareholders — the promoter is reducing leverage by partially repaying debt and freeing up shares from pledge. Lower pledged holdings reduce the risk of any forced selling, and the promoter retains full ownership of the released shares.