The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mitsubishi UFJ Financial Group (MUFG) & PACs

Fii Holding DeclinedOwnership Changes View source PDF Explain this filing

ELGIEQUIP · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+2.2%Reaction day

₹498.50

prior close

₹518.00

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.2%+2.4% vs market

Compressors Pumps & Diesel Engines peers, median of 12sector-0.2%+2.3% vs sector

On the reaction day the stock moved 2.4 pts more than Nifty Smallcap 250 and 2.3 pts more than its Compressors Pumps & Diesel Engines peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.9

10m

-0.2

15m

-0.2

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.2-0.2+2.4-0.2+2.3

Next day

+0.3+0.0+0.3-0.9+1.3

+1.6-0.4+2.1-1.4+3.0

+1.4-0.9+2.3-3.4+4.8

-1.3-1.1-0.2-1.5+0.2

+0.5-1.6+2.1-3.5+3.9

-1.7-2.9+1.2-3.6+1.9

15d

-5.4-2.2-3.3-3.4-2.0

-8.8-1.5-7.3-3.3-5.4

-13.5-6.7-6.7-8.7-4.8

+4.2-7.1+11.3-8.4+12.6

UpDownMarket · Nifty Smallcap 250Sector · Compressors Pumps & Diesel Engines peers, median of 12Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mitsubishi UFJ Financial Group (MUFG) has disclosed a reduction in its indirect holding in Elgi Equipments Limited under SEBI SAST Regulation 29(2). The reduction happened because MUFG sold entities First Sentier Investors (Hong Kong) Limited and First Sentier Investors (Singapore), which directly held shares in Elgi. As a result, MUFG's aggregated interest dropped from 8,055,055 shares (5.08%) to 6,674,650 shares (2.11%), a reduction of 1,380,405 shares (0.44%). The sale was executed on November 25, 2025, and was an indirect disposal rather than an open-market sale by MUFG. MUFG is not part of the promoter/promoter group of Elgi Equipments.

Likely market impact

This is a foreign institutional investor trimming its stake below the 5% disclosure threshold, which is a modest negative signal as it reduces a notable foreign institutional shareholder's presence. However, the reduction is small (0.44% of capital) and was due to a corporate restructuring at MUFG (sale of First Sentier entities) rather than a deliberate exit, so direct stock price impact should be limited.