Announced Tue, 16 Jun · 14:52 IST
Gauri Trading Pte Ltd hikes stake in Cranes Software to 6.15% via open market
Price
▲ 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
-3.7%1-day move
₹3.74
prior close
₹3.55
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+2.0+2.0-3.7-4.3-5.9-3.7-2.4-2.4-3.7-6.1——
Up moveDown movePending
AI summary
Gauri Trading Pte Ltd, a non-promoter entity, acquired 22,17,187 shares (1.46%) of Cranes Software International Ltd through open market purchases on June 3, 2026. Post-acquisition, its holding rose from 4.69% (71,31,137 shares) to 6.15% (93,48,324 shares) of the company's equity share capital. The acquirer is not part of the promoter group. This is a creeping acquisition approaching the 10% trigger threshold that could mandate an open offer under SEBI Takeover Regulations.
Likely market impact
Non-promoter entity steadily building stake to 6.15%. Next trigger at 10% could spark an open offer, adding near-term volatility.