Bharat Value Fund crosses 5% stake in Manika Plastech via open market purchase

Creeping Acquisition Near ThresholdOwnership Changes View source PDF Explain this filing

MANIKA · 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

-1.1%Reaction day

₹42.55

prior close

₹42.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+0.2% vs market

On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250, 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

-1.9

10m

-1.3

15m

-2.3

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-1.1-1.3+0.2

Next day

+1.1-1.3+2.4

+21.5+0.0+21.5

+36.3-0.2+36.5

+32.8-3.0+35.8

+26.5-2.7+29.2

+20.8-1.7+22.5

15d

+5.7-8.9+14.6

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UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Bharat Value Fund Series III bought 18,60,465 shares (1.60%) of Manika Plastech through the open market on September 21, 2026. Post-acquisition, holding rises from 3.67% (42,81,357 shares) to 5.27% (61,41,822 shares), crossing the 5% disclosure threshold under Takeover Regulations. Acquirer is not a promoter.

Likely market impact

Non-promoter institutional investor crosses 5% threshold; signals growing institutional interest but no change in promoter control.