The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dalmia Cement (Bharat) Ltd & PACs
IEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved in line with Nifty Smallcap 250 and 0.4 pts more than its Capital Markets peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Dalmia Cement (Bharat) Ltd along with persons acting in concert (DPVL Ventures LLP and Dalmia Power Ltd) sold 2,17,59,948 equity shares (2.44%) of Indian Energy Exchange Ltd (IEX) in the open market between June 3 and June 10, 2025. Before the sale, the combined holding stood at 11,81,26,656 shares (13.25%), which has now reduced to 9,63,66,708 shares (10.81%). The disclosure confirms the sellers do not belong to the promoter/promoter group of IEX. The total equity share capital of IEX remains unchanged at 8,91,69,2735 shares of Re. 1 each. This is a significant block sale by a major non-promoter shareholder that has crossed below the 11% ownership mark.
The reduction in a large non-promoter shareholder's stake from 13.25% to 10.81% signals potential trimming by a long-term investor, which could create short-term supply pressure on the stock. Retail investors should note that the exit is sizeable but not from the promoter group, and watch for any further disclosures.