Announced Wed, 17 Jun · 10:19 IST
Non-promoter group acquires 1.85% in BCC Fuba via rights issue
Price
▲ 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
+6.1%1-day move
₹148.50
prior close
₹147.95
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-0.8-0.8+0.0+6.1+6.7+2.7+8.5+13.5+13.2+15.0+27.3——
Up moveDown movePending
AI summary
Alka Gupta along with PACs Sanjay Kumar Gupta, Himank Gupta and Srishti Bansal acquired 7,34,058 shares (1.85% of pre-issue capital) in BCC Fuba India through a rights issue, converting partly paid-up shares into fully paid-up equity. Their combined holding stood at 13,93,880 shares, about 7.03% of the expanded share capital. The acquirers are not part of the promoter group. Total share capital rose from around 1.76 crore to 1.98 crore shares post the rights issue.
Likely market impact
Non-promoter group holding crosses 7%, moving closer to the 10% SAST disclosure threshold. No promoter-level stake change.