BSEKalind LtdMediumNeutral
Announced Tue, 7 Apr · 16:15 IST

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

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

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
+1.9%1-day move
₹101.73
prior close
₹103.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4-1.0-0.0-1.9+1.9+0.4-3.2-4.2-1.5-2.7-7.3-8.3-4.6-14.0
Up moveDown movePending
AI summary

Abhishek Ashvinbhai Kamdar HUF has disclosed acquisition of 27,95,961 shares (2.29%) of Kalind Ltd through open market purchase on 6th April 2026. The acquirer's total holding has increased from 5.48% (66,84,944 shares) to 7.77% (94,80,905 shares) of the company's total share capital of 12,18,90,000 shares (Rs. 121.89 crore face value). The acquirer is explicitly stated as NOT belonging to the Promoter/Promoter group. The filing under Regulation 29(2) of SEBI SAST Regulations 2011 is a mandatory disclosure triggered by this change in shareholding/voting rights.

Likely market impact

A non-promoter entity increasing stake by 2.29% to 7.77% could signal accumulating interest, potentially approaching the creeping acquisition threshold of 10% or the 25% trigger under SAST. Open market purchases suggest a deliberate accumulation strategy rather than a one-off transaction.