Promoter sells 50.02 percent stake to three acquirers, open offer triggered

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Price reactionminutes from the announcement price · days from the prior close

+1.9%Reaction day

₹19.53

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+1.3%+0.6% vs market

Non Banking Financial Company (NBFC) peers, median of 213sector+0.4%+1.5% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 1.5 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+1.9+1.3+0.6+0.4+1.5

Next day

+3.9+0.0+3.9-0.0+4.0

+6.0+0.5+5.5+0.0+6.0

+8.1-0.1+8.2-0.1+8.2

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+12.4+2.4+10.1+0.1+12.3

+16.9+4.1+12.8+1.3+15.6

15d

+26.3+5.1+21.3+0.0+26.3

+31.2+5.8+25.4+0.4+30.9

+38.8+4.5+34.2-2.5+41.3

+44.6-2.4+47.0-6.2+50.9

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 213Pending

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

AI summary

India Cements Capital's promoter Sri Saradha Logistics is selling its entire 50.02 percent stake (about 1.08 crore equity shares of Rs 10 each) to Sandeep Jain, Vikas Garg and Rahul Nagar via a Share Purchase Agreement signed July 24, 2026. This triggers an open offer to public shareholders under SEBI takeover rules. The three acquirers currently hold nil shares. After completion, they will become new promoters and gain control, subject to RBI approval.

Likely market impact

Change of control at promoter level. Open offer to public shareholders expected. Stock likely to see volatility around open offer pricing.