AFILBSEAkme Fintrade (India) LtdMediumNeutral
Announced Fri, 29 May · 10:48 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Subhash Phootarmal Rathod & Others

Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership Changes View source PDF

AFIL · 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
+4.3%1-day move
₹9.70
prior close
₹9.90
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5+0.0+0.0-0.5+4.3+3.2+1.5+6.9+9.7+3.1+12.4+7.0
Up moveDown movePending
AI summary

Promoter group led by Subhash Phootarmal Rathod acquired additional shares through open market purchases between 04-03-2026 and 27-05-2026. The acquirer group (including family members and related entities) increased their collective holding from 8.774% to 12.014%, acquiring approximately 15.18 million shares. Subhash Phootarmal Rathod's direct holding increased from 5.939% to 8.079%, while Mangala Subhash Rathod's holding nearly doubled from 0.777% to 1.653%. Sahi Logistics and Infra also added to its position. The transaction was conducted via open market purchases with no convertible securities or warrants involved.

Likely market impact

Promoter group stake increased by 3.24 percentage points to 12.014%, crossing the 10% threshold. This indicates continued accumulation by insiders, which could be positive for stock sentiment but requires monitoring as the group approaches the 25% trigger threshold.