The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vishal Rangwala Family Trust (Trustee - Charusheela ....
HARSHA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
On August 29, 2025, four promoter group entities of Harsha Engineers International bought shares in the open market and filed disclosures under SEBI's takeover regulations. Vishal Rangwala Family Trust bought 49,111 shares (0.05%), taking its holding to 89,432 shares (0.10%). Munjal Rangwala Family Trust bought 36,239 shares (0.04%), reaching the same 89,432 shares (0.10%). Pilak Rajendra Shah bought a small 1,164 shares, with his holding now at 7,289,503 shares (8.01%). Rajendra Shantilal Shah bought 87,000 shares (0.10%), raising his stake to 1,20,06,390 shares (13.19%). All trades were executed in the open market on a single day, and total equity share capital remains at 91,044,105 shares of face value ₹10 each.
Promoter-group buying is generally viewed as a confidence signal by retail investors, suggesting insiders believe the stock is fairly valued or undervalued. However, the incremental purchases are relatively small (under 0.1% individually), so the direct stock price impact is likely limited but sentiment is mildly positive.