The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Parichay Infrastructure Ltd

Promoter Stake Sell 1pctOwnership Changes View source PDF

Price

Loading chart…

▲ 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

-7.7%1-day move

₹0.39

prior close

₹0.38

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.0+0.0+0.0-7.7-5.1-7.7-7.7-7.7-10.3-12.8-15.4-17.9—

Up moveDown movePending

AI summary

Parichay Infrastructure Limited, which is NOT part of the promoter group of Biogen Pharmachem Industries, has sold 3,99,32,000 shares (4.42% stake) in an open market transaction on 18.05.2026. Before the sale, Parichay held 8,20,00,000 shares representing 9.08% of the company's total share capital. After the sale, their holding reduced to 4,20,68,000 shares representing 4.66% of the total voting capital. The transaction reduced their holding by nearly half, taking them below the 5% threshold.

Likely market impact

This represents a significant reduction in the non-promoter shareholding. The sale of nearly 4 crore shares in the open market could exert downward pressure on the stock price in the short term, though it is a non-promoter entity divesting.