BHARATWIRENSEBharat Wire Ropes LimitedMediumNeutral
Announced Thu, 23 Apr · 19:11 IST

Bharat Wire Ropes Limited has informed the Exchange regarding 'Intimation of acquisition of shares by shareholder(s)'.

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

BHARATWIRE · price

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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
+2.5%1-day move
₹223.50
prior close
₹225.85
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.7-2.3-2.3-2.7+2.5-0.2-1.1-1.5+5.3+5.6-1.3-0.7-7.5-13.5
Up moveDown movePending
AI summary

Lloyds Metals and Energy Limited (LMEL) and its Person Acting in Concert (PAC) Lloyds Enterprises Limited (LEL) purchased shares of Bharat Wire Ropes Limited through open market purchases on 17th April 2026. LMEL acquired 20,00,000 shares (2.91%) and LEL acquired 16,46,875 shares (2.40%), together totalling 36,46,875 shares (5.31%). Before this acquisition, their combined holding was only 0.46% (3,14,569 shares). After the acquisition, their combined holding rose to 5.77% (39,61,444 shares). Both acquirers are classified as Public shareholders, not part of the promoter group.

Likely market impact

A non-promoter entity and its PAC have built a 5.77% stake in Bharat Wire Ropes by crossing the key 5% threshold in a single open market transaction, signalling potential accumulation intent that could eventually approach the open offer trigger of 25% under SEBI SAST regulations.