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

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

-2.6+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

Rama Shiva Lease Finance Private Limited sold 4,75,00,000 shares (5.26%) of Biogen Pharmachem Industries Ltd in the open market on May 18, 2026. Prior to the transaction, the acquirer held 8,40,00,000 shares (9.31%). After the sale, their holding reduced to 3,65,00,000 shares (4.04%). The company has a total equity share capital of Rs. 90,26,03,000 divided into 90,26,03,000 shares of Rs. 2/- each. Rama Shiva Lease Finance is explicitly stated as NOT belonging to the Promoter/Promoter group.

Likely market impact

A non-promoter shareholder reduced their stake by over 5 percentage points, falling below 5% holding. This significant reduction could indicate reduced confidence or portfolio rebalancing by this investor, though being a non-promoter it carries less weight than a promoter sale.