The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Securocrop Securities India Pvt Ltd

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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

+7.9%1-day move

₹79.11

prior close

₹82.00

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.0+0.0+0.0+7.9+4.3+10.0+15.0+20.0+9.3+0.4-3.3+25.1—

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AI summary

Securocrop Securities India Private Limited (along with PAC Sangeeta Pareekh) has disclosed acquisition of 4,90,000 equity shares of Cranex Limited through conversion of warrants under a preferential allotment. Before the acquisition, the acquirer held 4,90,000 shares (7.46% of capital) plus 4,00,000 warrants. After conversion, they hold 4,90,000 shares representing 6.11% of the expanded capital. The total share capital increased from 65,70,000 shares to 80,20,000 shares due to this preferential allotment. The acquirer is NOT part of the promoter/promoter group of Cranex Limited.

Likely market impact

This is a non-promoter acquiring shares through warrant conversion. Their stake decreased from 7.46% to 6.11% of total capital due to dilution from new share issuance. No open offer trigger is near as the acquirer remains well below the 25% threshold.