BSECandour Techtex LtdMediumNeutral
Announced Wed, 8 Oct · 10:31 IST

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

Ownership 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

Awaiting price reaction for this filing.

AI summary

Mangal Keshav Capital Ltd, a non-promoter entity, sold 1,19,715 shares (0.64% of total equity) of Candour Techtex Ltd in the open market on October 1 and October 6, 2025. This reduced their total holding from 37,54,142 shares (20.01%) to 36,34,427 shares (19.37%). Encumbered shares remained unchanged at 4,00,000 (2.13%). The disclosure was filed under SEBI Takeover Regulations, indicating a non-promoter significant shareholder trimming their position. The share capital of the company remains at 1,87,56,738 equity shares of Rs.10 each.

Likely market impact

A small (~0.64%) open-market sale by a non-promoter holder is unlikely to materially affect the stock price, but signals that this large shareholder is gradually reducing exposure. The stake remains well above regulatory disclosure thresholds, so further filings may follow if selling continues.