The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Daxa Hasmukhbhai Bhagdev

Ownership Changes View source PDF Explain this filing

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

+5.2%Reaction day

₹64.80

prior close

₹65.31

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+4.6%+0.6% vs market

Packaged Foods peers, median of 34sector+3.2%+2.0% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 2.0 pts more than its Packaged Foods peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+5.2+4.6+0.6+3.2+2.0

Next day

-1.1+6.3-7.4+4.1-5.2

-3.9+8.1-11.9+5.6-9.4

-3.2+9.1-12.3+5.7-8.9

-2.8+10.0-12.8+6.6-9.4

-4.3+11.3-15.6+7.1-11.4

-4.8+11.0-15.8+8.4-13.2

15d

+15.0+13.3+1.6+10.7+4.3

+4.2+15.3-11.1+10.8-6.6

-9.3+17.0-26.3+13.8-23.1

-25.7+11.4-37.2+6.6-32.4

UpDownMarket · Nifty Microcap 250Sector · Packaged Foods peers, median of 34Pending

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

AI summary

Daxa Hasmukhbhai Bhagdev, a member of the promoter group of Jay Kailash Namkeen Ltd, sold 17,600 equity shares in the open market through BSE's SME platform. The sale was carried out in two tranches — 4,800 shares on May 7, 2025 and 12,800 shares on May 8, 2025. Her holding dropped from 18,087 shares (0.36%) to just 487 shares (0.009%), meaning she sold nearly her entire stake in the company. The company's total share capital remains unchanged at 49,96,933 equity shares of Rs. 10 each.

Likely market impact

Although the seller is part of the promoter group, the stake sold is very small (0.35% of total capital), so the impact on share price or promoter control is likely minimal. Retail investors should note this is a minor open-market exit by a single promoter family member and not a large-scale promoter offloading.