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BSEPadam Cotton Yarns Ltd· Textiles & ApparelsHighPositive
Announced Fri, 5 Jun, 2026 · 12:28 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Eswara Rao Nandam & PACs

Creeping Acquisition Near ThresholdOwnership Changes View source PDFExplain this filing

Price

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

Price reactionminutes from the announcement price · days from the prior close
+3.1%Reaction day
₹0.96
prior close
₹0.99
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.0%+3.1% vs market
Other Textile Products peers, median of 187sector-0.2%+3.3% vs sector

On the reaction day the stock moved 3.1 pts more than Nifty Microcap 250 and 3.3 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
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10m
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15m
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30m
+0.0
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+3.1-0.0+3.1-0.2+3.3
Next day
+3.1-2.0+5.1-1.6+4.7
2d
+2.1-0.1+2.2-0.4+2.5
3d
+1.0-1.6+2.6-1.3+2.3
4d
+2.1-2.7+4.8-2.2+4.3
5d
+3.1+0.3+2.9-0.7+3.8
1w
+2.1+2.6-0.5-0.0+2.1
15d
-1.0+4.2-5.2+0.1-1.1
1m
-2.1+6.2-8.3+0.5-2.6
2m
+1.0+8.6-7.6-0.0+1.1
3m
+6.3+11.2-5.0-0.0+6.3
UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 187Pending

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

AI summary

Eswara Rao Nandam, along with Persons Acting in Concert (Vishaal Nandam, Uma Nandam, and Ajaraya Business Corporation), has disclosed an open market acquisition of 1,75,27,250 shares (7.99%) of Padam Cotton Yarns Ltd on 04 June 2026. The acquirer is not part of the promoter/promoter group of the company. With an additional 6,50,000 shares (0.30%) acquired by PAC Vishaal Nandam, the aggregate post-acquisition holding of the acquirer and PACs stands at 1,81,77,250 shares, representing 8.28% of the total share/voting capital. The disclosure was made to BSE under SEBI (SAST) Regulations, 2011.

Likely market impact

The acquirer group is approaching the 10% open offer trigger threshold under SEBI takeover norms. If they cross 10%, they may be required to make an open offer for additional shares from public shareholders, which could create short-term volatility and overhang on the stock.