ORCHASPBSEOrchasp LtdMediumNeutral
Announced Mon, 11 May · 19:47 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Zeal Global Opportunities Fund - FCCB

Ownership Changes View source PDF

ORCHASP · price

Loading chart…

▲ 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
+0.5%1-day move
₹2.02
prior close
₹2.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.5+1.0+0.0+0.5+0.5+0.0-1.5-1.5-0.5+0.5-2.5-5.9-3.5
Up moveDown movePending
AI summary

Zeal Global Opportunities Fund, a non-promoter Mauritius-based fund, has reduced its holding in Orchasp Ltd through open market sales across multiple dates (Feb–Mar 2025 and May 2026). The fund disposed of 74,92,416 shares, reducing its stake from 10.64% to 8.48% of the company's total share capital of 34,64,25,366 equity shares. The mode of acquisition/disposal was open market transactions. The acquirer is not part of the promoter group.

Likely market impact

A non-promoter institutional fund trimming its stake by 2.16 percentage points to below 10% may signal a reduction in institutional confidence, though the open market nature and relatively modest quantum suggests no immediate concern for retail shareholders.