Announced Fri, 10 Apr · 16:41 IST

Non-promoter Vandana Gadia buys 17.44% stake in Atharv Enterprises

Creeping Acquisition Near ThresholdOwnership 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
-5.0%1-day move
₹4.00
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-5.0-2.5-0.3+0.0-10.0-2.5+0.0-2.5-11.3+2.5
Up moveDown movePending
AI summary

Non-promoter acquirer Vandana Gadia bought 2,964,932 shares (17.44%) of Atharv Enterprises Ltd in the open market between Feb 16 and Mar 30, 2026. Her total holding jumped from 0.96% (163,882 shares) to 18.4% (3,128,814 shares). She is explicitly not part of the promoter group. The 18.4% stake is approaching the 25% trigger threshold under SEBI Takeover Rules.

Likely market impact

Large non-promoter build-up near 25% threshold; further buying could trigger a mandatory open offer to all shareholders.