Announced Fri, 30 May · 10:46 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nirbhay Paresh Lunagaria

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

Awaiting price reaction for this filing.

AI summary

Nirmal Paresh Lunagaria, a member of the promoter group, bought 1,000 equity shares of Maruti Interior Products Ltd in the open market on 27 May 2025. The purchase lifted his individual holding from 11,73,000 shares (7.77%) to 11,74,000 shares (7.77%), a marginal increase. Together with persons acting in concert (PACs), the promoter group's aggregate holding now stands at 1,13,24,000 shares, or 74.99% of the company's equity share capital of Rs. 15.10 crore (1.51 crore shares of Rs. 10 each). The disclosure was filed under SEBI's Substantial Acquisition of Shares & Takeovers Regulations to keep the exchange informed of the change.

Likely market impact

The acquisition is tiny in size (0.01% change) and signals continued promoter confidence rather than any shift in control. With the promoter group already holding nearly 75% of the company, free float remains very thin, which could keep trading liquidity low for retail investors.