Announced Tue, 14 Jul · 10:39 IST
SAST disclosure filed for Elitecon International by EBISU Global Opportunities Fund
Compliance View source PDF
ELITECON · price
▲ 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
-10.0%1-day move
₹20.00
prior close
₹18.98
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1-0.1+0.1+0.5-10.0-11.9-10.1-9.5-10.4-18.1————
Up moveDown movePending
AI summary
BSE received a Regulation 29(1) SAST disclosure for Elitecon International from EBISU Global Opportunities Fund Ltd. This type of disclosure is filed when an entity plans to acquire a substantial stake, generally 5 percent or more, in a listed company. The filing signals the start of a takeover-related transaction under SEBI takeover rules.
Likely market impact
EBISU Global Opportunities Fund is building a significant stake in Elitecon International. This may trigger an open offer to other shareholders as per SEBI norms.