The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajinder Kumar Singhania & PACs

Promoter bought stakeCreeping acquisition near the thresholdOwnership Changes View source PDF Explain this filing

MASTERTR · 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

+3.9%Reaction day

₹160.00

prior close

₹162.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+4.2% vs market

Stockbroking & Allied peers, median of 33sector-0.8%+4.7% vs sector

On the reaction day the stock moved 4.2 pts more than Nifty Microcap 250 and 4.7 pts more than its Stockbroking & Allied 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

-1.2

10m

-1.4

15m

-1.2

30m

+1.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.9-0.3+4.2-0.8+4.7

Next day

+2.5-1.2+3.7-1.2+3.7

+0.5-1.0+1.5-1.1+1.6

+0.6-1.0+1.6-1.9+2.6

-0.3-0.3-0.0-1.1+0.8

+0.6-1.1+1.7-1.3+1.9

+2.5+1.6+0.9-0.8+3.3

15d

-3.8-0.2-3.6-2.8-1.0

-4.4+1.4-5.8-1.7-2.7

-12.5+0.2-12.7-2.0-10.5

-21.2+0.9-22.1-1.1-20.1

UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 33Pending

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

AI summary

Promoters of Master Trust Ltd (Rajinder Kumar Singhania along with 11 PACs) converted 1,07,50,000 (107.5 lakh) warrants into equity shares on 05-08-2025 via preferential allotment, after receiving the full exercise amount. This raised the promoter group's combined voting stake from 69.24% to 71.93% of the company. The biggest individual gainers were Rajinder Kumar Singhania (21.36% to 23.35%) and Harneesh Kaur Arora (9.20% to 12.76%). Chirag Singhania's stake also went up from 0.49% to 0.96%. The total equity share capital stayed the same at 12,30,16,000 shares of Rs. 1 each since the warrants were already part of the diluted capital.

Likely market impact

The promoter group's stake has crept closer to the 75% threshold, now at 71.93%, which signals stronger promoter control and reduced free float for public shareholders. However, since this was a preferential allotment through warrant conversion, no open offer is triggered.