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

Promoter sold over 1%Ownership Changes View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-5.8%Reaction day

₹39.60

prior close

₹39.60

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.1%-3.7% vs market

Civil Construction peers, median of 88sector-1.4%-4.4% vs sector

On the reaction day the stock moved 3.7 pts less than Nifty Microcap 250 and 4.4 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.3

10m

-1.5

15m

-3.4

30m

-2.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.8-2.1-3.7-1.4-4.4

Next day

-2.3-2.9+0.6-1.9-0.4

+1.6-3.3+4.9-2.0+3.7

+4.6-2.0+6.6-1.2+5.8

+4.6-0.7+5.3-0.4+5.0

+0.7-1.0+1.7-1.1+1.8

+1.0-1.5+2.5-1.5+2.5

15d

-2.8-0.3-2.5-2.6-0.3

-2.0+0.3-2.4-3.2+1.1

-12.6-1.8-10.8-7.7-4.9

+3.2-5.3+8.5-8.2+11.5

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 88Pending

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

AI summary

Asma Farooqi, a member of the promoter group of K&R Rail Engineering, sold 12,23,087 shares through an off-market transaction on 24 September 2025. The shares represent 4.29% of the company's total equity share capital of 2,85,09,644 shares. Her holding dropped sharply from 15,23,087 shares (5.34%) before the sale to just 3,00,000 shares (1.05%) after the sale. The disclosure was filed under SEBI Takeover Regulations (Regulation 29(2)) as well as Insider Trading Regulations.

Likely market impact

A promoter selling a large chunk (over 4%) of their stake in a single off-market transaction may raise concern among retail investors about insider confidence or signal an exit by a family member. Off-market deals could also be related to private estate planning or transfers within the promoter family, which is not uncommon, so the exact nature of the buyer will be important to watch.