Announced Thu, 18 Jun · 14:42 IST
SAST disclosure filed by Birva Chirag Patel and others under Reg 29(2)
Ownership Changes View source PDF
MBEL · price
▲ 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
+1.5%1-day move
₹307.20
prior close
₹314.30
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.6-0.6-0.7+1.5+1.3-0.1-1.2-1.7+1.8+3.9+3.5——
Up moveDown movePending
AI summary
M and B Engineering Ltd has disclosed receipt of a SAST filing under Regulation 29(2) of SEBI Takeover Regulations from Birva Chirag Patel and others. This regulation applies when promoters or promoter group entities report a change of 2 percent or more in their voting rights. The specific direction of the transaction (acquisition or disposal) and the share quantity are not detailed in the available information.
Likely market impact
Shareholders should monitor promoter group stake changes. No immediate price impact expected without transaction details.