BSEGujarat Winding Systems Ltd· Paper Forest & Jute ProductsHighNeutral
Announced Wed, 11 Mar, 2026 · 15:40 IST

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

Creeping Acquisition Near ThresholdOwnership 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
-2.2%Reaction day
₹8.18
prior close
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announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-1.9% vs market
Paper & Paper Products peers, median of 37sector+0.0%-2.2% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 2.2 pts less than its Paper & Paper 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
-2.2-0.3-1.9+0.0-2.2
Next day
-18.8-3.2-15.6-2.6-16.2
2d
-10.9-3.8-7.1-4.7-6.2
3d
-20.4-2.8-17.6-4.4-16.1
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-7.1-0.2-6.9-2.1-5.0
5d
+9.7-3.0+12.7-3.6+13.3
1w
+0.1-6.7+6.8-7.2+7.3
15d
-4.0-1.0-3.1-2.3-1.8
1m
+6.4+5.2+1.1+3.8+2.6
2m
+2.7+12.6-9.9+5.6-2.9
3m
-9.9+17.6-27.5+1.0-10.9
UpDownMarket · Nifty Microcap 250Sector · Paper & Paper Products peers, median of 37Pending

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

AI summary

Sanjeev Lunkad, along with Persons Acting in Concert (Sneha Lunkad and Rushanks S Lunkad), has filed a disclosure under SEBI's Takeover Regulations for acquiring more than 7% of Gujarat Winding Systems Ltd. The acquirer purchased 15,708 equity shares (0.33%) via the open market on 4 March 2026, taking their total holding from 6.76% (328,611 shares) to 7.09% (344,319 shares). The acquirer is not part of the promoter/promoter group, meaning this is a creeping acquisition by a non-promoter entity. The total share capital of the company stands at Rs. 4.85 crore (48,57,900 equity shares of Rs. 10 each).

Likely market impact

This is a routine regulatory disclosure triggered by crossing the 7% shareholding threshold, indicating a non-promoter is steadily building a position through open market purchases. For existing shareholders, it signals an external investor is taking a meaningful stake, but since the holding is still below the 10% open offer trigger and the acquirer is not a promoter, the direct price impact is likely limited.