BSECosmic CRF LtdHighNegative
Announced Mon, 23 Mar · 12:07 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ashish Kacholia & PACs

Ownership Changes View source PDF

Price

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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
-8.4%1-day move
₹678.00
prior close
₹631.00
base price
In-mkt
timing
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+0.2+0.6-0.8-0.2-8.4-6.3-12.2-18.7-8.8+10.3+29.9+18.9+45.1+63.9
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AI summary

Ashish Kacholia, along with Persons Acting in Concert (RBA Finance, Dar's Business Finance, Everest Finance, and Suryavanshi Commotrade), filed a SAST disclosure for Cosmic CRF Ltd under Regulation 29(2). The filing reveals an inter-se restructuring: Kacholia personally sold his entire 3,557% stake of 326,800 shares to Suryavanshi Commotrade (a PAC entity), and separately acquired 17,000 shares (0.185%) in the open market on March 18, 2026. The consolidated group holding rose marginally from 18.40% (16,90,400 shares) to 18.58% (17,07,400 shares). The acquirer is explicitly classified as NOT a promoter or promoter group member.

Likely market impact

Despite the headline using the word 'disposal', the Kacholia group's combined stake in Cosmic CRF actually went up slightly. This is essentially a reshuffle of shares between Kacholia and one of his PAC entities, with a negligible open market purchase. No major change in beneficial ownership and unlikely to materially impact the stock price.