BSEFGP Ltd· FinanceHighNeutral
Announced Mon, 23 Mar, 2026 · 18:41 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Instant Holdings Ltd & PACs

Promoter Stake BuyCreeping Acquisition Near ThresholdPromoter Below 50pctOwnership Changes View source PDFExplain this filing

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
-1.1%Reaction day
₹9.10
prior close
₹9.00
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+2.9%-4.0% vs market
Non Banking Financial Company (NBFC) peers, median of 201sector+0.5%-1.6% vs sector

On the reaction day the stock moved 4.0 pts less than Nifty Microcap 250 and 1.6 pts less than its Non Banking Financial Company (NBFC) 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
5m
+0.0
10m
+0.0
15m
-10.9
30m
-10.9
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-1.1+2.9-4.0+0.5-1.6
Next day
+3.8+5.3-1.5+1.2+2.7
2d
+9.7+2.4+7.3-0.5+10.2
3d
+4.4-0.6+5.0-2.5+6.9
4d
+14.8+4.0+10.8+1.1+13.7
5d
+1.6+4.7-3.0+1.2+0.5
1w
+11.2+6.1+5.1+3.2+8.1
15d
+16.9+17.8-0.8+14.1+2.8
1m
+17.3+18.6-1.3+11.1+6.1
2m
+33.0+24.3+8.6+9.3+23.6
3m
+36.0+32.1+3.9+11.3+24.8
UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 201Pending

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

AI summary

Instant Holdings Limited, along with persons acting in concert (PACs) including Mr. Harsh Vardhan Goenka and several investment entities, has disclosed acquisition of 2,55,332 equity shares (2.15%) of FGP Limited through open market purchases on the BSE between October 16, 2025 and March 20, 2026. Following this acquisition, the promoter group's total holding has risen from 41.45% (49,30,100 shares) to 43.60% (51,85,432 shares) of the company's equity share capital of 1,18,95,051 shares. The shares were bought in numerous small lots over roughly five months, with individual daily purchases ranging from a few shares to around 30,934 shares. There is no change in the company's total share capital, and no encumbrance or dilution is involved.

Likely market impact

This is a steady, gradual promoter-group buying, signaling continued promoter confidence in the company. Shareholders may view it as a positive sign of insider conviction, though the promoter remains below the 50% majority mark, leaving room for further acquisitions before any potential open offer trigger.