Non-promoter HUF picks up 11.20 percent in Asian Granito via open market

Creeping Acquisition Near ThresholdOwnership Changes View source PDF Explain this filing

ASIANTILES · 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

+12.6%Reaction day

₹45.99

prior close

₹51.40

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%+11.8% vs market

Ceramics peers, median of 10sector+0.8%+11.8% vs sector

On the reaction day the stock moved 11.8 pts more than Nifty Microcap 250 and 11.8 pts more than its Ceramics 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

+0.4

10m

+0.5

15m

+0.6

30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+12.6+0.8+11.8+0.8+11.8

Next day

+17.0+1.0+15.9+1.2+15.8

+17.4+1.7+15.7+1.2+16.3

+14.7+0.1+14.6+1.3+13.4

+15.2+0.8+14.5+1.1+14.2

+3.2-0.9+4.1-0.7+3.9

+2.1-4.5+6.5-4.7+6.8

15d

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UpDownMarket · Nifty Microcap 250Sector · Ceramics peers, median of 10Pending

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

AI summary

Thakkar Nileshkumar Farshuram HUF along with PAC Arthkumbh Ventures LLP bought 3.32 crore equity shares (11.20 percent) of Asian Granito India through open market purchases between Aug 1 and Oct 9, 2026. Holding went from nil to 11.20 percent, crossing the SEBI SAST 10 percent disclosure trigger. HUF holds 8.35 percent and the PAC holds 2.85 percent. The acquirer is not part of the promoter group.

Likely market impact

A non-promoter crossed the 10 percent SAST disclosure threshold with an 11.2 percent stake. Could lead to more buying or an open offer trigger at 25 percent.