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

Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership Changes View source PDF

ASALCBR · price

Loading chart…

▲ 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

-2.0%1-day move

₹742.60

prior close

₹738.90

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.3-0.4-0.4-0.4-2.0-3.7-4.1-1.6-7.5-2.5+19.2+18.9+9.3+13.5

Up moveDown movePending

AI summary

Prasann Kumar Kedia, a promoter of Associated Alcohols & Breweries Ltd, acquired 4,50,000 equity shares (2.24%) through a preferential allotment on 12th March 2026. This increased his holding from 14,06,200 shares (7.41%) to 18,56,200 shares (9.24%) of the company. The total equity share capital of the company expanded from 1,89,79,200 to 2,00,79,200 shares following this preferential issue. The disclosure has been filed under Regulation 29(2) of the SEBI SAST Regulations, 2011, with both BSE and NSE.

Likely market impact

This is a positive signal showing promoter confidence in the company's prospects, as the promoter is personally subscribing to a preferential allotment. The promoter's stake is now approaching the 10% SAST disclosure threshold, so further acquisitions will attract additional regulatory scrutiny.