Announced Mon, 16 Mar · 14:51 IST

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

Promoter Stake BuyOwnership Changes View source PDF

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

+9.6%1-day move

₹62.44

prior close

₹57.70

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.0+0.0+0.0+9.6+0.9-8.3-0.0-5.6-0.7-21.2-13.7-23.3-26.3

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AI summary

Geet Gorani along with persons acting in concert (PACs) has filed a disclosure under SEBI's Takeover Regulations, reporting an acquisition of 6,690 equity shares of Gorani Industries Ltd. The total shareholding of the promoter group now stands at approximately 9.69% of the company's paid-up capital. The disclosure has been filed as required under Regulation 29(2), which applies when a major shareholder's holding crosses 2% in a quarter. The transaction reflects continued promoter buying activity, adding to their existing stake in the company.

Likely market impact

This is a mildly positive signal for retail investors as the promoter group is increasing its stake, indicating confidence in the company's prospects. The buying is incremental and not large enough to materially shift ownership, so near-term price impact is likely limited.