The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Garima Venture Finance Ltd

Ownership Changes View source PDF Explain this filing

Price

Loading chart…

▲ 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

+0.0%Reaction day

₹6.58

prior close

₹6.64

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%-0.5% vs market

Other Food Products peers, median of 20sector+0.1%-0.1% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.1 pts less than its Other Food 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

Stock

-1.2

10m

+0.2

15m

+0.2

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.0+0.5-0.5+0.1-0.1

Next day

+0.8+1.2-0.4+0.6+0.2

+1.4+0.9+0.4+0.8+0.6

+0.6+1.3-0.7-0.7+1.3

+21.3+0.6+20.7-0.3+21.6

+45.3+0.3+45.0-0.4+45.7

+37.8-1.1+39.0-1.0+38.9

15d

+35.3-2.6+37.9-3.0+38.2

+30.4-1.9+32.3-3.2+33.6

+24.6-1.0+25.6-3.0+27.7

+11.7-6.7+18.4-11.7+23.4

UpDownMarket · Nifty Microcap 250Sector · Other Food Products peers, median of 20Pending

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

AI summary

Garima Venture Finance Limited, along with its PAC Mr. Dineshsingh Umashankarsingh Kshatriya, has disclosed a sale of 10,72,000 equity shares of IEL Limited (Scrip Code: 524614) through open market on BSE on 10th and 11th September 2025. Garima Venture Finance's stake fell from 7.90% (1,03,01,181 shares) to 7.08% (92,29,181 shares), while the PAC's holding remained unchanged at 1.95% (25,46,118 shares). Combined holding of the acquirer and PAC reduced from 9.85% to 9.03% of IEL's paid-up equity capital. The filing confirms the acquirer does not belong to the promoter/promoter group, and the target's share capital remained unchanged at Rs. 13,03,92,486 (13,03,92,486 equity shares of Re. 1 each).

Likely market impact

This is a non-promoter entity trimming its stake in IEL Ltd via open market sales, which may create mild supply-side pressure on the stock. The sale is modest in size and the combined holding stays well below the 10% trigger threshold, so regulatory or governance implications for shareholders are limited.