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

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

-5.1%Reaction day

₹85.10

prior close

₹80.80

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.0%-5.0% vs market

Civil Construction peers, median of 86sector+0.1%-5.2% vs sector

On the reaction day the stock moved 5.0 pts less than Nifty Microcap 250 and 5.2 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

-5.1-0.0-5.0+0.1-5.2

Next day

-9.8+0.4-10.2+0.6-10.4

-14.3+0.6-14.9-0.0-14.3

-18.6+1.0-19.6+0.4-19.0

-20.7+0.9-21.6+0.4-21.1

-16.7+0.8-17.6+0.3-17.0

-8.6+2.2-10.8+2.0-10.6

15d

-21.2-1.7-19.5-1.0-20.2

-20.1-0.5-19.6+0.0-20.1

-22.4-0.5-22.0-3.2-19.2

-38.8-4.7-34.0-11.1-27.7

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 86Pending

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

AI summary

SMC Global Securities Ltd has filed a Regulation 29(1) disclosure with the exchange for Oval Projects Engineering Ltd. SMC Global holds 12,800 equity shares representing 14.51% of the total equity share capital and voting rights. According to the notes, 3,04,000 shares were allotted to SMC Global as the designated market maker under the company's prospectus dated 2 September 2025, and another 6,56,000 shares were allotted to its wholly owned subsidiary Moneywise Financial Services Private Limited. Moneywise Financial Services sold its entire 6,56,000 share (3.16%) stake on 4 September 2025. The disclosure is filed under SEBI Takeover Regulations following the recent listing of Oval Projects Engineering Ltd.

Likely market impact

For retail shareholders, this is essentially a market maker-related disclosure and not a typical promoter or institutional investor activity. The high 14.51% holding comes from pre-listing market maker allotments rather than open market buying, so it does not signal any change in promoter control or voting power dynamics. Investors should monitor whether SMC Global later reduces its stake through market making activity.