IPLBSEIndia Pesticides LtdMediumPositive
Announced Tue, 16 Sept · 11:22 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anand Swarup Agarwal

Promoter Stake BuyPromoter Below 50pctOwnership Changes View source PDF

IPL · 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

Anand Swarup Agarwal, a promoter of India Pesticides Limited, bought 10,000 equity shares from the open market on 10 September 2025 at Rs. 214.73 per share, amounting to roughly Rs. 21.47 lakhs. This is a small open-market purchase that nudged his holding from 31.14% to 31.15% of the company's paid-up equity capital. The total equity share capital of the company stands at about 11.52 crore shares. No encumbrance (pledge) was created or invoked as part of this transaction.

Likely market impact

This is a marginal, confidence-signal purchase by the promoter — the increase in stake is just 0.0086%, so it is unlikely to move the stock price meaningfully, but it shows continued promoter faith in the company. Shareholders may view it as a mildly positive signal of promoter commitment.