MAHSEAMLESBSEMaharashtra Seamless LtdMinimalNeutral
Announced Fri, 27 Mar · 10:52 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Odd & Even Trades & Finance Ltd

MAHSEAMLES · 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
-3.3%1-day move
₹580.00
prior close
₹572.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.2+0.1+0.1-3.3-0.6+1.1+2.6+4.2+5.1+15.0+12.1+9.7+6.4
Up moveDown movePending
AI summary

Maharashtra Seamless Ltd filed a disclosure under SEBI SAST Regulation 29(2) on behalf of promoter group entity Odd & Even Trades & Finance Ltd. The acquirer purchased 963,715 equity shares (0.71% of total share capital) through open market transactions between 19 June 2025 and 24 March 2026. This raised the entity's total holding from 23,377,000 shares (17.45%) to 24,330,715 shares (18.16%). The total equity share capital of the company remained unchanged at approximately Rs. 66.99 crore. The acquisition was carried out by a promoter group entity, signalling continued confidence from the promoter group.

Likely market impact

This is a positive signal for retail investors as promoter group buying typically reflects insider confidence in the company's prospects. A rise in promoter holding from 17.45% to 18.16% may support the stock price and indicate the promoters view current valuations as attractive.