Announced Thu, 14 May · 08:26 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Reena Gupta

Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership 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
-0.6%1-day move
₹117.95
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-2.4+0.9+4.0-0.0+1.8+1.1+2.0+1.5
Up moveDown movePending
AI summary

Reena Gupta, identified as a promoter of Dhampure Speciality Sugars Limited, acquired 2,20,000 convertible warrants through preferential allotment on 11th May 2026. These warrants represent 2.29% of the company's diluted share capital. Her holding increases from 8,92,250 shares (10.22%) to a potential 11,12,250 equity equivalents (11.57% diluted). The total share capital remains at 87,31,200 equity shares; warrants will convert to equity upon exercise. This acquisition was disclosed to BSE on 13th May 2026 under SAST regulations.

Likely market impact

Promoter increasing stake via warrant acquisition suggests confidence in the company. The convertible warrants could dilute existing shareholders upon conversion, and the combined holding approaching 15% may trigger future open offer obligations under SEBI Takeover Regulations.