Announced Wed, 18 Mar · 18:01 IST

The Exchange has received a clarification letter from Pawan Kumar Sethia in connection with its earlier disclosures under Regulation 29(2) of the Securities and Exchange Board of India ....

Promoter Stake BuyOwnership Changes View source PDF

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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
-9.0%1-day move
₹11.70
prior close
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-9.0-11.1-12.4-6.6-12.7-9.4+26.5+21.4+22.2+12.5
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AI summary

Pawan Kumar Sethia, part of the promoter and promoter group of Balurghat Technologies Ltd, has sent a clarification letter to BSE regarding his earlier disclosures filed under Regulation 29(2) of the SEBI Takeover Regulations. He explains that wherever the mode of acquisition was mentioned as 'online' in his prior submissions, it actually meant purchases made through the open market. The clarification covers a series of share purchases made between December 15 and December 29, 2025, by Sethia family members including Pawan Kumar Sethia, Ravikant Sethia, Ankit Sethia, Kanta Sethia, Nidhi Sethia, and Pawan Kumar Sethia HUF. In total, around 2,581 shares were acquired across these dates in small lots ranging from 64 to 650 shares per transaction.

Likely market impact

This is essentially a procedural clarification with no material change in substance - promoter group members are confirmed to have made small open market purchases of the company's shares. The disclosure signals continued promoter confidence but the volumes are very small and unlikely to move the stock price.