BSEPadam Cotton Yarns LtdMediumNeutral
Announced Mon, 13 Apr · 16:54 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rathod Manoj Chhaganlal HUF

Ownership Changes View source PDF

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
-9.1%1-day move
₹1.65
prior close
₹1.66
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.4+0.6-0.6+0.0-9.1-13.3-17.6-21.2-24.8-31.5-40.0-40.6-40.0-43.6
Up moveDown movePending
AI summary

Rathod Manoj Chhaganlal HUF (represented by Karta Manoj Rathod) has filed a disclosure under SEBI SAST Regulation 29(2) regarding acquisition of shares in Padam Cotton Yarns Ltd (Scrip Code: 531395). The acquirer belongs to the Promoter/Promoter group. The transaction was conducted via open market in Ahmedabad. Holdings before and after acquisition show 2,781,901 shares representing 1.26% of total share capital of 219,470,000 shares. The total share capital remained unchanged at 219,470,000 shares. Note: The before and after holding figures appear identical, suggesting either incomplete data or a filing to establish baseline disclosure rather than a change in stake.

Likely market impact

This appears to be a baseline disclosure from a promoter group entity establishing their holding in the company. The numerically identical before and after figures raise questions about whether a substantive acquisition actually occurred, though the filing confirms the promoter group's stake at approximately 1.26%.