New promoter group acquires 49.77 percent stake in Lippi Systems

Acquisition announcedOpen offerStrategic Transactions 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

-4.3%Reaction day

₹209.00

prior close

₹215.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.0%-3.3% vs market

Industrial Products peers, median of 137sector-0.5%-3.8% vs sector

On the reaction day the stock moved 3.3 pts less than Nifty Microcap 250 and 3.8 pts less than its Industrial 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

Stock

-6.0

10m

-6.0

15m

-5.5

30m

-5.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.3-1.0-3.3-0.5-3.8

Next day

-8.9-1.5-7.4-1.0-7.9

-4.2-0.9-3.3+0.1-4.3

+0.6-0.3+0.9+0.6-0.0

+5.6+0.1+5.5+1.2+4.4

+9.6+0.7+9.0+2.3+7.3

+2.3+0.3+2.0+1.9+0.4

15d

+15.8+1.0+14.8+2.0+13.7

+2.4-2.4+4.8+0.8+1.6

+5.3-8.6+14.0-5.2+10.5

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UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 137Pending

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

AI summary

Five acquirers led by Vinesh Dholu bought 34,83,862 shares (49.76 percent) of Lippi Systems from the Agrawal family sellers through an off-market deal on Aug 26, 2026 under an SPA dated May 18, 2026. They also got 1,000 shares (0.01 percent) via the Open Offer, with another 85,107 shares (1.22 percent) still in process. The sellers have exited the promoter group and the acquirers are now the new promoters.

Likely market impact

Change of control at Lippi Systems. New promoter group now holds over 49 percent, which may affect strategy and governance.