The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on January 13, 2026 for MEIL Holdings Ltd

Pledge ReleasedOwnership Changes View source PDF Explain this filing

OLECTRA · price

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Price reactionminutes from the announcement price · days from the prior close

-1.2%Reaction day

₹1133.00

prior close

₹1127.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.5%-1.7% vs market

Passenger Cars & Utility Vehicles peers, median of 6sector+0.4%-1.7% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Smallcap 250 and 1.7 pts less than its Passenger Cars & Utility Vehicles 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

+0.4

10m

+0.6

15m

+0.6

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.2+0.5-1.7+0.4-1.7

Next day

-1.7+0.0-1.7+0.8-2.5

-4.0-1.1-2.9+0.2-4.2

-8.4-3.8-4.7-2.7-5.8

-9.5-4.5-5.0-2.7-6.8

-9.5-3.6-5.8-1.6-7.8

-11.8-5.3-6.5-6.1-5.7

15d

-10.0-2.1-7.9-3.5-6.5

-9.1-1.4-7.7-4.9-4.2

-20.6-8.6-11.9-16.2-4.3

+8.3-0.9+9.2-9.5+17.7

UpDownMarket · Nifty Smallcap 250Sector · Passenger Cars & Utility Vehicles peers, median of 6Pending

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

AI summary

MEIL Holdings Limited, the promoter of Olectra Greentech, has had a Non-Disposal Undertaking (NDU) released by REC Limited on 08 January 2026, following full repayment of the underlying loan. The NDU had restricted MEIL from disposing shares equal to the second-largest shareholder's holding of 6,38,083 shares (0.78% of capital). MEIL continues to hold 4,10,53,000 shares (50.02%) in Olectra Greentech and remains the largest shareholder, with promoter control unchanged.

Likely market impact

Mildly positive — the encumbrance on 6,38,083 shares (~0.78%) is removed, freeing up promoter flexibility on those shares. Also signals that Olectra Greentech's loan from REC Limited has been fully repaid, improving the company's debt profile.