The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Wasatch Advisors LP

ELGIEQUIP · 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

+0.3%1-day move

₹520.40

prior close

₹518.50

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.8+0.6+0.8-0.4+0.3+2.4+3.8+8.4+9.0+9.0+16.9+16.6+9.9—

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AI summary

Wasatch Advisors LP, a US-based foreign institutional investor (FII), sold 150,000 shares of Elgi Equipments Ltd in the open market on May 12, 2026. This reduced their holding from 10,145,119 shares (3.2013%) to 9,995,119 shares (3.1539%), a decrease of approximately 0.0473 percentage points. The acquirer confirmed they do not belong to the Promoter/Promoter group. This appears to be routine portfolio rebalancing rather than a strategic transaction, given the small quantum of shares sold relative to total holding.

Likely market impact

Minimal impact on the stock, as this is a small open-market sale by a non-promoter institutional investor. The transaction represents about 1.5% reduction in Wasatch's existing position, with no change to promoter group or control structure.