Disclosure as per Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015 received from M/s. Allied Commodities Private Limited
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Balgopal Commercial's promoter, Allied Commodities Private Limited, acquired an additional 10,35,127 equity shares (5.45% of the company) through an open offer on 7th May 2025. The shares were bought at Rs. 60 per share, amounting to a total transaction value of about Rs. 6.21 crore. As a result, Allied Commodities' stake in the company rose from 13.49% (25,64,800 shares) to 18.94% (35,99,927 shares). The disclosure was filed under SEBI's insider trading regulations and the shares were acquired on the BSE platform.
This is a sign of promoter confidence in the company, with the promoter reinforcing its position to nearly 19% of equity. For shareholders, it suggests the promoter is willing to deploy significant capital (over Rs. 6 crore) to build a larger stake, though they remain a non-controlling shareholder.