The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sachin Modi
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 7.1 pts less than Nifty Microcap 250 and 5.5 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Sachin Govindlal Modi, a non-promoter shareholder of Padam Cotton Yarns Ltd, has filed a disclosure under SEBI's Takeover Regulations for a change in his shareholding. He sold 857,500 shares (0.39% of the company's equity) through open market transactions on March 24, 2026. After this sale, his holding reduced from 6,884,948 shares (3.14%) to 6,027,448 shares (2.75%) of the company. The disclosure was filed from Ahmedabad, and the company's total equity share capital stands at approximately 21.95 crore shares. The sale triggered the 2% disclosure threshold for change in shareholding in a financial year under SAST norms.
Since the seller is a non-promoter and the transaction is relatively small (0.39% of equity), this is unlikely to materially affect the stock price. However, retail investors may note continued selling by an existing non-promoter shareholder, which could signal a gradual exit from the stock.