The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sandeep Jindal & PACs

Promoter bought stakeOwnership Changes View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+2.5%Reaction day

₹113.00

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+4.6%-2.1% vs market

Trading & Distributors peers, median of 123sector+2.3%+0.2% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 0.2 pts more than its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.5+4.6-2.1+2.3+0.2

Next day

+7.6+6.3+1.3+3.7+3.9

+13.0+8.1+4.9+4.7+8.2

+18.6+9.1+9.4+4.7+13.9

+20.4+10.0+10.4+5.9+14.5

+28.4+11.3+17.1+5.5+22.9

+28.3+11.0+17.3+4.7+23.6

15d

+9.9+13.3-3.5+5.8+4.1

+23.5+15.3+8.2+6.8+16.7

+65.8+17.0+48.8+7.3+58.5

+83.7+11.4+72.2+2.1+81.6

UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 123Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Sandeep Jindal along with PACs (Allied Commodities Pvt Ltd, Basudev Dealers LLP, and others) acquired 21,64,890 equity shares (11.39% of total share capital) of Balgopal Commercial Ltd through an open offer on May 7, 2025. The open offer was triggered by a preferential allotment of 25,00,000 shares to Allied Commodities Pvt Ltd. The combined holding of the acquirer and PACs increased from 1,09,70,922 shares to 1,31,35,812 shares, representing about 69.1% of the company's total share capital. The total share capital of the company is Rs. 19.01 crore (1,90,10,000 shares of Rs. 10 each).

Likely market impact

This is a promoter-group acquisition via a mandatory open offer, significantly increasing the promoters' consolidated stake in the company. Shareholders should note the change in control dynamics and the increased promoter holding, which may reduce public float and liquidity in the stock.