Disclosure received under SEBI takeover regulations
ADVAIT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.2 pts less than Nifty Microcap 250 and 1.7 pts less than its Other Electrical Equipment 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.
Advait Energy Transitions Limited informed the exchange about receiving a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation is typically filed when a non-promoter entity such as a mutual fund, insurance company, FII, or bank acquires or sells shares crossing the 5 percent shareholding threshold. The filing does not include details on which entity made the disclosure, whether it was a buy or sale, or the exact shareholding change.
Suggests a meaningful shift in institutional or non-promoter shareholding beyond 5 percent, worth tracking for ownership pattern changes.