BSEPadam Cotton Yarns LtdMediumNeutral
Announced Mon, 23 Mar · 17:17 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

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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
+1.4%1-day move
₹2.20
prior close
₹2.21
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-4.1-4.1-4.1-3.2+1.4-3.2-7.7-12.3-15.9-15.5-38.2-48.6-58.2-55.9
Up moveDown movePending
AI summary

Rathod Manoj Chhaganlal HUF, a shareholder in Padam Cotton Yarns Ltd (Scrip Code: 531395), sold 10,00,000 equity shares (about 0.46% of the company's capital) through open-market transactions on BSE on March 23, 2026. As a result, the HUF's holding fell from 1,06,38,963 shares (4.85%) to 96,38,963 shares (4.39%). The disclosure has been filed under SEBI's substantial acquisition and takeover rules to report the change in holding. No encumbrance, voting rights, or convertible securities details were disclosed beyond the ordinary equity shares.

Likely market impact

This is a small, below-1% stake reduction by a single HUF entity and is unlikely to materially move the share price or change the company's overall ownership structure. The HUF remains a sizeable shareholder at over 4%, so this looks like a routine portfolio adjustment rather than a meaningful sentiment signal.