INTLCONVBSEInternational Conveyors LtdHighPositive
Announced Mon, 6 Apr · 12:48 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Amarnath Daksha Pvt Ltd & PACs

Promoter Stake BuyOwnership Changes View source PDF

INTLCONV · 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 14 horizons · vs prior close
+6.0%1-day move
₹66.50
prior close
₹69.57
base price
In-mkt
timing
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+0.2+0.1+0.3+0.5+6.0+10.7+9.8+12.8+15.5+15.8+15.6+23.2+18.4+21.2
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AI summary

BSE received a disclosure under SEBI SAST Regulations, 2011 (Regulation 29(2)) from Amarnath Daksha Pvt Ltd and its Persons Acting in Concert (PACs). This regulation requires disclosure when there is acquisition of shares or voting rights exceeding specified thresholds. Amarnath Daksha Pvt Ltd appears to be part of the promoter group of International Conveyors Ltd. The specific acquisition details such as number of shares, percentage acquired, and transaction value are not provided in the source text. This disclosure indicates a change in shareholding by the promoter group that crosses or approaches a regulatory threshold under SAST norms.

Likely market impact

This suggests the promoter group (Amarnath Daksha Pvt Ltd & PACs) has acquired additional shares, potentially increasing their stake in International Conveyors Ltd. Such disclosures are monitored for changes in promoter holding and can signal promoter confidence or accumulation of shares.