Announced Sat, 23 May · 16:10 IST
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Milton Cycle Industries Ltd
ATLASCYCLE · price
▲ 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
+1.1%1-day move
₹98.50
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+1.1+2.5+1.0-1.4+0.5+9.3+1.5-0.2-1.0—
Up moveDown movePending
AI summary
Milton Cycle Industries Ltd, a promoter group entity of Atlas Cycles (Haryana) Ltd, has acquired 2,15,300 equity shares (3.31%) via inter-se transfer on 22.05.2026. Prior to this transaction, Milton held 9,65,974 shares (14.85%). Following the acquisition, its holding increased to 11,81,274 shares (18.16%). This is a promoter group purchase, indicating consolidation of shares within the promoter family.
Likely market impact
Promoter stake increased from 14.85% to 18.16%, signalling confidence in the company. However, the holding remains well below the 25% threshold, so no immediate open offer obligation is triggered.