The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Asma Estates & Investments Pvt Ltd
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.8 pts less than Nifty Microcap 250 and 2.8 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Asma Estates & Investments Pvt Ltd, part of the promoter group of K&R Rail Engineering Ltd, sold 3,00,000 shares (1.05% of total equity) through open market on 19 September 2025. Before the sale, the entity held 17,85,931 shares (6.26%); after the sale, its holding stands at 14,85,931 shares (5.21%). The company's total equity share capital remains at 2,85,09,644 shares. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations, which is mandatory when a promoter group entity's shareholding changes by more than 2% in a single transaction or when crossing certain thresholds.
This is a mild negative signal for the stock as a promoter group entity has reduced its stake by over 1% in the open market. While the sale size is relatively small, retail investors typically watch promoter selling closely as it may indicate the promoter group's view on near-term valuation or capital needs.