The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for RRK Enterprise Pvt Ltd

Promoter Stake Sell 1pctOwnership Changes View source PDF Explain this filing

MICEL · 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

+7.0%Reaction day

₹45.06

prior close

₹48.87

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.6%+5.4% vs market

Other Industrial Products peers, median of 23sector+0.6%+6.4% vs sector

On the reaction day the stock moved 5.4 pts more than Nifty Microcap 250 and 6.4 pts more than its Other Industrial Products 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

-0.9

10m

+0.1

15m

-0.5

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+7.0+1.6+5.4+0.6+6.4

Next day

+7.8+2.8+5.1+2.3+5.5

+9.0+2.7+6.3+2.9+6.0

+7.6+3.0+4.6+3.4+4.2

+11.2+2.4+8.8+1.9+9.3

+8.9+2.2+6.6+2.7+6.2

+4.3-0.2+4.5+3.1+1.2

15d

+57.0+2.7+54.3+2.9+54.1

+50.4+4.7+45.6+6.6+43.8

+23.0+2.3+20.8-0.5+23.5

+4.0+1.9+2.1-2.8+6.9

UpDownMarket · Nifty Microcap 250Sector · Other Industrial Products peers, median of 23Pending

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

AI summary

RRK Enterprise Private Limited, a promoter group entity of MIC Electronics Ltd, sold 52,67,239 equity shares (2.19% of total share capital) in the open market between 26 June 2025 and 13 August 2025. Promoter holding dropped from 56.45% (13,60,42,273 shares) to 54.26% (13,07,75,034 shares). The sale was disclosed under SEBI's Takeover Regulations (Regulation 29(2)). No encumbrance or pledge activity was mentioned — it was a straightforward secondary market sell-down by the promoter group.

Likely market impact

A promoter sell-down of over 2% in roughly seven weeks can create short-term selling pressure on the stock and may dent investor confidence. However, the promoter group still holds a majority at 54.26%, so no change-of-control concerns arise. Retail investors should watch for further promoter sales and overall price action.