Announced Mon, 23 Mar · 17:26 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sachin Modi

Promoter Stake Sell 1pctOwnership 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

Sachin Govindlal Modi, a member of the promoter/promoter group of Padam Cotton Yarns Ltd, has sold 52,00,000 equity shares (about 2.37% of the company's share capital) through the open market on 23 March 2026. Post this sale, his individual holding in the company has come down from 1,20,84,948 shares (5.51%) to 68,84,948 shares (3.14%). The transaction was carried out on the BSE from Ahmedabad. The disclosure has been filed under SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011.

Likely market impact

Promoter stake has reduced by over 2 percentage points in a single transaction, which may be viewed as a negative signal by retail investors as it lowers the promoter's direct skin-in-the-game in the company.