Announced Wed, 29 Jul · 16:24 IST
Promoter Sanjeev Goel to buy 6.85% stake from India Business Excellence Fund
Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership Changes View source PDFExplain this filing
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
+0.1%1-day move
₹15.39
prior close
₹15.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+0.1+3.9+1.9+1.9+2.7+1.9-7.4———
Up moveDown movePending
AI summary
Promoter Sanjeev Goel will acquire 12,58,088 shares (6.85%) of Intec Capital from India Business Excellence Fund-I at Rs. 11 per share, with the deal proposed for 5 August 2026. Post-deal, his holding will rise from 19.05% (34,97,542 shares) to 25.90% (47,55,630 shares), while the seller will drop from 11.49% to 4.64%. The transaction is an inter se transfer exempt from an open offer under SEBI Regulation 10(1)(a)(ii), as the seller is gradually exiting.
Likely market impact
Positive signal: promoter is increasing stake and approaching the 26% creeping acquisition threshold, indicating confidence in the company.