Announced Fri, 17 Jul · 16:26 IST
Paterson & Co exits India Cements Capital with full 18.42 percent stake via off-market sale
Ownership Changes View source PDF
Price
▲ 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
+8.9%1-day move
₹16.43
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+8.9+14.3+16.6+18.9+21.2—————
Up moveDown movePending
AI summary
Paterson & Co (represented by Mr. M. Amarnath and Mrs. Vidya Amarnath), a non-promoter entity, has sold its entire holding of 40 lakh equity shares (18.42 percent of total share capital) in India Cements Capital Ltd through an off-market transaction on 17 July 2026. Post-sale, the acquirer's holding stands at NIL. The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations.
Likely market impact
Large non-promoter shareholder exiting completely via off-market route may pressure sentiment and signal limited confidence in near-term prospects.