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

Ownership 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

+0.8%Reaction day

₹520.40

prior close

₹518.50

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.0%+0.8% vs market

Compressors Pumps & Diesel Engines peers, median of 13sector+0.0%+0.8% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Smallcap 250 and 0.8 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

+0.8

10m

+0.6

15m

+0.8

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.8+0.0+0.8+0.0+0.8

Next day

+0.3-0.4+0.7-0.5+0.8

+2.4-1.8+4.3-3.3+5.7

+3.8-0.7+4.5-2.2+6.0

+8.4-0.6+9.0-2.3+10.7

+9.0+0.1+8.9-1.2+10.2

+9.0+1.1+7.9-1.1+10.2

15d

+16.9+1.6+15.3+6.0+11.0

+16.6+3.0+13.6+8.2+8.4

+9.9+7.1+2.8+7.2+2.7

+17.0+8.9+8.1+8.0+9.0

UpDownMarket · Nifty Smallcap 250Sector · Compressors Pumps & Diesel Engines peers, median of 13Pending

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

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.