Announced Mon, 15 Jun · 12:30 IST
Non-promoter Umesh Hansrajani acquires 11.38% stake, holding rises to 24.14%
Price
▲ 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
+10.5%1-day move
₹19.00
prior close
₹19.61
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+10.5+17.7+10.5+26.3+21.1+17.5+5.0+23.8——
Up moveDown movePending
AI summary
Non-promoter Umesh Hansrajani acquired 5,50,059 equity shares (11.38%) of Mayur Leather Products via open market on June 12, 2026. His stake rose from 12.77% (6,17,278 shares) to 24.14% (11,67,337 shares). The acquirer is explicitly not part of the promoter group. A single-transaction 11.38% jump is notable as it exceeds the typical 5% creeping acquisition limit allowed for non-promoters between 5% and 25%.
Likely market impact
Non-promoter now holds 24.14%, just below the 25% mandatory open offer trigger. Large single-deal jump may attract SEBI scrutiny.