BSEAxtel Industries LtdMediumNeutral
Announced Mon, 22 Jun · 15:39 IST

Solidarity Advisors buys 0.44 percent in Axtel Industries, stake at 5.20 percent

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
+1.2%1-day move
₹447.55
prior close
₹440.05
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.9+2.3+2.3+1.5+1.2-2.2-0.6-1.7-0.3+1.3-2.1-4.6
Up moveDown movePending
AI summary

Solidarity Advisors Private Limited, a SEBI-registered PMS and not a promoter, acquired 70,824 equity shares (0.44 percent) of Axtel Industries through an open market purchase on June 19, 2026. Its aggregate holding along with persons acting in concert rose from 4.76 percent (7,68,951 shares) to 5.20 percent (8,39,775 shares), crossing the 5 percent SAST disclosure threshold under Regulation 29(1).

Likely market impact

Non-promoter PMS crossing 5 percent stake signals rising institutional interest and triggers further SAST disclosures on future changes.