The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aijaz Investments Pvt Ltd
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.6 pts more than Nifty Microcap 250 and 5.6 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Aijaz Investments Private Limited, part of the promoter group of K&R Rail Engineering Limited, sold 3,95,000 equity shares in the open market on 19 August 2025 under Regulation 29(2) of the SEBI Takeover Regulations. Before the sale, the entity held 7,17,953 shares (2.52% of the company's equity), and after the sale its holding dropped to 3,22,953 shares (1.13%). The shares were sold on the BSE, and the company's total equity share capital stands at around 2.85 crore shares. The disclosure was filed by the company to inform the stock exchange of this promoter-group sale.
This is a mild negative signal as a promoter-group entity is reducing its stake by over 1% in the open market, which could put short-term pressure on the stock or be viewed by retail investors as a lack of promoter conviction. However, the selling entity still retains a 1.13% holding, so the overall promoter-group stake impact depends on whether other promoter entities hold larger stakes.