ONIDABSEMirc Electronics LtdMediumNeutral
Announced Fri, 10 Oct · 17:07 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Authum Investment & Infrastructure Ltd

Ownership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The stock exchange has received a disclosure under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Authum Investment & Infrastructure Ltd, a known substantial shareholder in Mirc Electronics. This regulation requires entities holding 5% or more of the company's shares to disclose market purchases or sales that aggregate to 2% or more. The headline confirms only that the filing has been received; the exact direction of the trade, volume, and Authum's updated shareholding percentage are not disclosed in the headline itself. Such filings are routine for substantial shareholders but can become market-sensitive if the acquirer is approaching or breaching the open offer trigger threshold.

Likely market impact

Shareholders should look at the actual filing for Authum's revised shareholding and whether this is a buy or sell. Sustained buying could pressure share price upward or raise takeover expectations, while selling could weaken the stock.