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
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.4 pts less than Nifty Smallcap 250 and 1.5 pts less 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.
Minute windows have no benchmark: there is no intraday index history to compare against.
Wasatch Advisors LP, a US-based foreign institutional investor (not a promoter), sold 43,837 shares of Elgi Equipments Ltd in the open market on December 12, 2025. This represents a 0.014% reduction in their holding. Prior to the sale, Wasatch held 16,514,307 shares (5.211% stake); after the sale, their holding stands at 16,470,470 shares (5.197% of the company's equity share capital). The total equity capital of Elgi Equipments remains Rs 316,909,000 (316.9 million shares of Rs 1 each). The change is minor and falls well below any regulatory threshold.
Very minor reduction by an institutional investor — negligible impact on the stock. Wasatch remains a meaningful 5.197% shareholder; no signal of broader institutional exit.