The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Counter Cyclical Investment Pvt Ltd
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Counter Cyclical Investments Pvt Ltd, acting as a Portfolio Manager through its clients, acquired 9,019 shares (0.12%) of Cochin Minerals and Rutile Ltd in the open market on 2 February 2026. Post-acquisition, their total holding in CMRL stands at 456,900 shares, or 5.84% of the company's equity share capital (which is 78,30,000 shares). The acquirer has explicitly stated that it does not belong to the promoter or promoter group of CMRL. The pre-acquisition holding was 5.72% (4,47,881 shares), so the buyer has now slightly crossed the 5% substantial shareholder threshold. The disclosure is filed in compliance with SEBI's takeover regulations requiring intimation once the 5% mark is breached.
This is a small open-market purchase by a non-promoter Portfolio Investor, signalling mild incremental interest in the stock. The marginal 0.12% increase is unlikely to materially move the share price, but it confirms a non-promoter entity is steadily accumulating just past the 5% disclosure threshold, which retail investors may note as a creeping acquisition watchpoint.