Regulation 30 of SEBI LODR-Update regarding acquisition of Subsidiary Shares

Listed-company acquisitionStrategic Transactions View source PDF Explain this filing

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

+0.5%Reaction day

₹696.30

prior close

₹686.50

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+0.6% vs market

Iron & Steel Products peers, median of 94sector+0.0%+0.5% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 0.5 pts more than its Iron & Steel Products 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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Reaction day

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 94Pending

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

AI summary

Kalyani Steels purchased 10,000 equity shares of its subsidiary DGM Realties Private Limited from KSMS Technologies Solutions at Rs.172 per share, aggregating Rs.1.72 million in cash. With this buyout, Kalyani Steels' stake in DGM has risen from 99.92% to 100%, making it a wholly owned subsidiary. DGM holds a 25-acre land parcel near the Bengaluru-Mysuru Highway Corridor, which the company plans to use for its marketing network, business development, service and distribution centre. The transaction is with a related party (common promoter control) but conducted at arm's length. DGM operates in real estate and reported turnover of Rs.36.01 million in FY25, Rs.5.71 million in FY24, and Rs.99.35 million in FY23.

Likely market impact

The deal size is very small (Rs.1.72 million) and unlikely to move the stock, but it gives Kalyani Steels complete ownership of a subsidiary holding strategically located land that the company intends to develop for its own business infrastructure, providing long-term operational flexibility.