Announced Thu, 12 Mar · 16:12 IST

The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....

Promoter Stake BuyPromoter Below 50pctOwnership 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

Shantanu Daga, a member of the promoter group of Deepak Spinners Limited, has informed the exchange about acquiring 428 equity shares (0.01% of share capital) from Asha Devi Daga, also part of the promoter group. The transfer is by way of gift with no consideration (nil price) and qualifies as an inter-se transfer between promoter relatives under SEBI SAST Regulation 10(1)(a)(i). Post-transaction, Shantanu Daga's holding rises marginally from 29,615 shares (0.41%) to 30,043 shares (0.42%), while the overall promoter group holding moves only slightly from 45.94% to 45.95%. The 60-day volume-weighted average market price of the stock stands at Rs. 112.50. The acquisition is expected to be completed on or after 6th March 2026.

Likely market impact

This is a minor internal reshuffling within the promoter family with no change in the total promoter stake or any cash flow impact. Shareholders should note that the promoter group's overall holding remains below 50% at 45.95%, keeping the company outside the 'promoter-controlled' threshold. No material impact on stock price is expected from this disclosure.