The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pankaj Strips Pvt Ltd

Promoter Stake Sell 1pctPromoter Below 50pctOwnership Changes View source PDF Explain this filing

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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

+0.5%Reaction day

₹66.15

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.4%+1.9% vs market

Packaging peers, median of 59sector-1.9%+2.4% vs sector

On the reaction day the stock moved 1.9 pts more than Nifty Microcap 250 and 2.4 pts more than its Packaging 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

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.5-1.4+1.9-1.9+2.4

Next day

+1.1-0.9+2.1-1.0+2.1

-0.2-0.3+0.1-0.8+0.6

-1.7+0.8-2.5+0.2-1.9

+1.3+0.9+0.4-0.3+1.6

-0.2+2.5-2.7+0.4-0.6

-1.5+3.1-4.6+0.3-1.8

15d

-9.9+3.5-13.4-0.7-9.2

+1.1+8.0-6.8-0.1+1.2

+22.8+9.3+13.5+1.1+21.7

+37.6+14.0+23.6+7.6+30.0

UpDownMarket · Nifty Microcap 250Sector · Packaging peers, median of 59Pending

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

AI summary

Pankaj Strips Pvt Ltd, a promoter group entity of Pankaj Polymers Ltd, sold 10,05,730 equity shares representing 18.14% of the company's total share capital. The sale was executed through an off-market Share Purchase Agreement (SPA) and pursuant to an open offer on May 14, 2026. Before the transaction, Pankaj Strips held 18.14% individually and 27.43% together with Persons Acting in Concert (PAC). After the sale, their individual holding dropped to NIL, while the combined holding with PAC reduced to just 9.29%. This represents a significant reduction in promoter shareholding from approximately 27% to 9%.

Likely market impact

The massive reduction in promoter holding from 27.43% to 9.29% may signal lack of promoter confidence in the company, potentially creating negative sentiment for retail investors. The shares were sold at a premium via SPA and open offer route.