The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dhairya Management Services Pvt Ltd
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 1.1 pts more than its Diversified Commercial Services 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.
Dhairya Management Services Private Limited, a non-promoter entity, has filed a disclosure under SEBI SAST Regulations 2011 for acquisition of shares in Gemstone Investments Ltd through preferential allotment. The acquirer held 2,00,00,000 shares representing 13.65% of voting capital before and after the acquisition. However, the company's equity share capital nearly doubled from 7,47,50,000 to 14,65,50,000 equity shares due to the preferential issue, which diluted the acquirer's effective stake from approximately 26.76% to 13.65% of total expanded capital. The acquirer is not part of the promoter/promoter group.
This disclosure shows a non-promoter entity maintaining its absolute shareholding while experiencing significant dilution due to preferential allotment expanding the total share capital. No immediate price impact expected as the acquirer is not a promoter and their percentage holding has not increased.