FPI acquirer InRe Fund II buys 2.58% in Nirlon via open market

Fii Holding Above 10pctCreeping Acquisition Near ThresholdOwnership Changes View source PDF Explain this filing

NIRLON · price

Loading chart…

▲ 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

+1.7%Reaction day

₹605.00

prior close

₹616.25

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%+1.6% vs market

Diversified Commercial Services peers, median of 80sector-0.1%+1.7% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 1.7 pts more than its Diversified Commercial Services 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

-0.1

10m

-0.2

15m

-0.2

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.7+0.0+1.6-0.1+1.7

Next day

+1.8+1.3+0.5-0.4+2.2

+2.6+1.1+1.5-0.6+3.2

+2.5-1.7+4.2-1.6+4.1

+3.8-1.4+5.2-1.5+5.3

+2.5-0.6+3.1-1.1+3.6

+2.5+0.3+2.2+0.0+2.5

15d

+4.1-6.1+10.2-4.3+8.4

—————

UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 80Pending

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

AI summary

InRe Fund II acquired 23,25,000 equity shares (about 2.58%) of Nirlon Limited through open market on October 1, 2026. With PAC BSREP IV FPI Two Holdings (DIFC) Ltd, combined holding rose to 1,35,70,558 shares or 15.06% of paid-up capital. InRe Fund II is not part of the promoter group. Disclosure filed under SEBI SAST Regulation 29(2).

Likely market impact

Institutional FPI buying through open market signals confidence; combined FII holding now above 15%, nearing open offer trigger levels.