Announced Tue, 2 Sept · 16:32 IST

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

Promoter Stake BuyOwnership Changes View source PDF

HARSHA · 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

Awaiting price reaction for this filing.

AI summary

Promoter Rajendra Shantilal Shah along with Persons Acting in Concert (PACs) acquired 87,000 equity shares (0.10%) of Harsha Engineers International Ltd through open market purchases on 29 August 2025. The promoter's aggregate holding increased from 11,919,390 shares (13.09%) to 12,006,390 shares (13.19%) of the company's paid-up equity capital. This is a routine SEBI SAST disclosure filed because the acquisition triggered the reporting threshold under Regulation 29(2). The total equity share capital of the company remains 91,044,105 shares of face value ₹10 each.

Likely market impact

This is a small open-market purchase by the promoter group, signalling continued promoter confidence in the company. The marginal increase in stake (0.10%) is unlikely to materially move the stock price but is a mildly positive signal of insider buying.