The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chetan Karbhari Dhatrak & Others
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.7 pts more than Nifty Microcap 250 and 5.7 pts more than its Diversified Commercial Services 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.
The promoter group of Asgard Alcobev Ltd — Mr. Chetan Karbhari Dhatrak, Mr. Karbhari Pandurang Dhatrak, and Mrs. Jayashree Karbhari Dhatrak — have sold their entire shareholding of 8,50,00,000 equity shares (27.28% of total share capital) via an off-market Share Purchase Agreement. The transaction was executed in two tranches: 4,25,00,000 shares on 12/03/2026 and another 4,25,00,000 shares on 13/03/2026. Post-sale, the promoters hold 0% in the company, marking a complete exit from the company. The filing was made under SEBI Regulation 29(2) of the Takeover Code, 2011.
This is a significant event — the promoter group has fully exited the company, removing all insider ownership. Such a complete exit may raise concerns about future strategic direction, but also signals that new owners are taking full control via a private deal. Retail investors should monitor for disclosures about the acquirer and any subsequent changes in management or business strategy.