The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chennupati Sarath Kumar

Promoter Stake Sell 1pctOwnership 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

+10.0%1-day move

₹9.31

prior close

₹9.34

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+1.0+1.0+0.9+0.9+10.0+14.2+17.2+11.3+5.8-4.4-29.6-33.4-36.6-38.2

Up moveDown movePending

AI summary

Promoter Chennupati Sarath Kumar sold 60,97,684 equity shares (3.27% stake) in open market transactions between 23 March 2026 and 10 April 2026. Before the sale, his holding was 2,01,98,822 shares (10.84%). After the sale, his holding reduced to 1,41,01,138 shares (7.57%). The total diluted share capital of the company remains Rs.18,63,81,000 divided into 18,63,81,000 equity shares of Re.1/- each. The disclosure was filed on 11 April 2026.

Likely market impact

Promoter reduced holding by 3.27 percentage points, dropping below 8% from over 10%. This significant stake sale by an insider in the open market could signal lack of confidence or portfolio rebalancing, and may exert mild bearish pressure on the stock.