Announced Thu, 19 Mar · 11:18 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Counter Cyclical Investment Pvt Ltd

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

+13.4%1-day move

₹62.50

prior close

₹63.00

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.0+0.0+1.6+13.4+5.6+12.0+12.0+15.2+16.8+60.0+60.0+44.0+10.4

Up moveDown movePending

AI summary

Counter Cyclical Investment Pvt Ltd, acting as a Portfolio Manager through its clients, has sold 7,000 shares (0.13%) of Evans Electric Ltd in the open market on March 16, 2026. Before the disposal, the entity held 3,15,000 shares (5.74%), which has now reduced to 3,08,000 shares (5.61%) of the company's share capital. The total equity share capital of Evans Electric stands at 54,88,000 shares. The acquirer clarified that it does not belong to the promoter or promoter group of the company.

Likely market impact

This is a minor sell-off by a non-promoter portfolio investor, reducing their stake only marginally from 5.74% to 5.61%. The small size of the transaction is unlikely to have any meaningful impact on the stock price or signal any major shift in sentiment.