Announced Thu, 2 Jul · 09:36 IST
SBI Life acquires 0.41 percent stake in Gokaldas Exports, crosses 5 percent threshold
GOKEX · 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
-3.2%1-day move
₹888.25
prior close
₹882.70
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+0.3+0.4+0.3-3.2-4.2-5.3-8.3-6.3-3.5-10.4———
Up moveDown movePending
AI summary
SBI Life Insurance bought 3,00,000 shares of Gokaldas Exports via the open market on 29 June 2026. Its holding rose from 4.67 percent (34,20,000 shares) to 5.08 percent (37,20,000 shares), crossing the 5 percent disclosure trigger under SEBI takeover rules. SBI Life is not part of the promoter group.
Likely market impact
A domestic institutional buyer crossing the 5 percent threshold signals rising institutional confidence and may draw more passive index flows to the stock.