The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rama Shiva Lease Finance Pvt Ltd

Promoter Stake Sell 1pctOwnership 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

-7.7%1-day move

₹0.39

prior close

₹0.38

base price

In-mkt

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+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—

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AI summary

Rama Shiva Lease Finance Private Limited, a non-promoter entity, has disclosed a sale of 4,75,00,000 shares (5.26% of total capital) in Biogen Pharmachem Industries Ltd through an open market transaction on 18.05.2026. Following this disposal, their holding has reduced from 9.31% to 4.04%. The total diluted share capital of the company remains at approximately 90.26 crore equity shares of Rs. 2 each. No pledge or encumbrance was reported either before or after the transaction.

Likely market impact

The non-promoter shareholder has significantly reduced their stake by more than half, selling 5.26% in the open market. This reduces the company's non-promoter institutional backing and may signal reduced confidence or portfolio rebalancing by this investor.