BSEForbes Precision Tools and Machine Parts Ltd· Industrial ManufacturingHighNegative
Announced Wed, 30 Apr, 2025 · 15:57 IST

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

Promoter Stake Sell 1pctOwnership 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
-4.4%Reaction day
₹199.15
prior close
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announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-4.4% vs market
Industrial Products peers, median of 107sector-0.8%-3.7% vs sector

On the reaction day the stock moved 4.4 pts less than Nifty Microcap 250 and 3.7 pts less than its Industrial Products 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
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Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-4.4-0.1-4.4-0.8-3.7
Next day
-6.4+1.4-7.7+0.4-6.7
2d
-8.2-1.3-6.9-2.5-5.7
3d
-10.0-0.0-10.0-1.9-8.1
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-11.8-0.9-10.9-2.5-9.4
5d
-13.6-1.0-12.6-3.1-10.4
1w
-11.7+5.3-17.0+2.3-14.1
15d
-8.6+10.5-19.1+5.0-13.7
1m
-8.1+12.2-20.3+5.4-13.5
2m
+6.5+15.4-8.9+7.3-0.9
3m
-4.6+13.1-17.6+3.6-8.2
UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 107Pending

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

AI summary

Promoter Shapoorji Pallonji and Company Private Limited sold 14,70,000 equity shares of Forbes Precision Tools and Machine Parts Ltd on 29th April 2025 through a market sale. The promoter holding reduced from 3,74,37,172 shares (72.56%) to 3,59,67,172 shares (69.71%), a decline of 2.85% of the total share capital. The sale was carried out in the open market, and the company's total equity share capital remains unchanged at INR 51.59 crore divided into 5,15,94,464 shares of Re. 10 each. This is a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011.

Likely market impact

The promoter has trimmed its stake by nearly 3% but still retains a comfortable majority at 69.71%, so control of the company is not at risk. The open-market sale could create some short-term selling pressure on the stock, but the impact may be limited given the company's relatively small float and the promoter's continued strong holding.