Announced Thu, 19 Mar · 18:06 IST

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

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

Price

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▲ 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

+3.8%1-day move

₹2.12

prior close

₹2.03

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+1.5+3.0+2.5+2.5+3.8+10.4+5.2+0.5-4.2-12.7-29.2-35.8-54.7-53.8

Up moveDown movePending

AI summary

Bon Lon Private Limited, a non-promoter entity, acquired 1,50,00,000 equity shares (6.83%) of Padam Cotton Yarns Ltd through a Rights Issue on 18.03.2026. Prior to this acquisition, the acquirer held no shares in the company. The acquisition took the company's total equity share capital from Rs. 12.91 crore to Rs. 21.94 crore (12,91,00,000 to 21,94,70,000 shares of Rs. 1 each), indicating a significant rights issue that raised capital. The filing is mandatory under SEBI's takeover regulations because the acquirer's holding crossed the 5% disclosure threshold.

Likely market impact

A non-promoter entity taking a 6.83% strategic stake via a rights issue signals confidence in the company's growth and brings in fresh capital. Existing shareholders should note that the share base expanded significantly (~70% increase), which may lead to EPS dilution but strengthens the balance sheet.