The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jaspalsingh P Chandock & 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

-3.0%Reaction day

₹467.90

prior close

₹458.20

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-2.9%-0.1% vs market

Castings & Forgings peers, median of 19sector-1.8%-1.2% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 1.2 pts less than its Castings & Forgings peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.0-2.9-0.1-1.8-1.2

Next day

-5.3-3.5-1.8-3.9-1.5

-5.0-2.5-2.5-2.7-2.3

-2.0+0.1-2.1-1.1-0.9

-6.0-2.7-3.3-2.4-3.6

-6.5-1.9-4.6-1.4-5.1

-8.7-3.7-5.0-4.9-3.9

15d

+2.8+3.5-0.7+0.6+2.2

-2.8+5.6-8.3+0.4-3.2

+7.7+13.7-6.0+5.6+2.1

-4.5+20.0-24.5+5.4-9.9

UpDownMarket · Nifty Microcap 250Sector · Castings & Forgings peers, median of 19Pending

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

AI summary

Promoter Jaspalsingh P Chandock and his Persons Acting in Concert (PACs) — Trimaan Jaspalsingh Chandock and Jaikaran Jaspalsingh Chandock — have filed a disclosure under SEBI Takeover Regulations regarding an acquisition of 15,00,000 equity shares (about 1.26% of equity capital) via preferential allotment on 6th March 2026. All 15 lakh shares were allotted to Jaikaran Jaspalsingh Chandock, raising his individual stake from 0.86% to 2.11%. The total promoter group holding increased modestly from 53.17% to 53.76% of equity capital. The company's equity share capital expanded from 11.76 crore shares to 11.91 crore shares following the allotment.

Likely market impact

This is a routine promoter-group strengthening event funded through preferential allotment, signaling the promoter's continued confidence and willingness to invest more capital into the company. Shareholders should note the modest increase in promoter holding and the resulting dilution of minority shareholders' stake, though promoter control remains firmly above 50%.