The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for C Mokshith Reddy & PACs

Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership Changes View source PDF

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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

+5.3%1-day move

₹62.56

prior close

₹62.53

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.5-0.1+0.0-0.4+5.3+6.4+3.7+1.1-3.3-2.5-1.3+8.7-7.4—

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AI summary

C Mokshith Reddy and persons acting in concert (PACs) from the Promoter Group have disclosed acquisition of 22,50,000 equity shares (3.74%) through preferential allotment. Before the acquisition, their holding was 94,70,000 shares representing 15.75% of paid-up capital. After the acquisition, their holding increased to 1,47,65,931 shares representing 24.56% of paid-up capital. This represents a total increase of 8.81 percentage points in promoter holding. The acquirer is a member of the promoter group as indicated by the email domain and Plot No. 31 to 36, 2nd Stage address.

Likely market impact

Promoter holding has increased significantly from 15.75% to 24.56%, bringing the promoter group closer to the 25% threshold which would trigger additional open offer obligations under SAST regulations. This indicates strengthening of promoter stake in the company.