Aryaman Capital crosses 5 percent stake in Maximus International via open market

Creeping acquisition near the thresholdOwnership Changes View source PDF Explain this filing

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

-0.3%Reaction day

₹14.69

prior close

₹14.51

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-0.4% vs market

Trading & Distributors peers, median of 137sector+0.0%-0.3% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and 0.3 pts less than its Trading & Distributors 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

—

10m

+0.9

15m

+0.6

30m

+0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.3+0.1-0.4+0.0-0.3

Next day

-1.3-3.2+1.9-0.8-0.5

-0.8-3.3+2.5-1.9+1.1

-1.3-2.5+1.2-1.6+0.3

-1.3-0.9-0.4-1.6+0.3

-2.0-1.1-0.9-1.2-0.8

+2.2+0.6+1.6-1.4+3.7

15d

+2.7-1.4+4.0-3.1+5.8

+1.8-3.3+5.0-4.1+5.8

—————

UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 137Pending

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

AI summary

Aryaman Capital Markets bought 2,08,550 shares (0.15%) of Maximus International through open market on Sep 10, 2026. Its holding rose from 4.87% to 5.02%, crossing the 5 percent disclosure threshold under SEBI takeover rules. The buyer is not a promoter. Filing made under Regulation 29(1) of SAST Regulations.

Likely market impact

A non-promoter institutional buyer crossed the 5 percent threshold, which may attract activist interest but signals steady accumulation.