Craft Emerging Market Fund acquires 6.42% stake via open market

Creeping Acquisition Near ThresholdOwnership Changes View source PDF Explain this filing

PASHUPATI · 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

-1.2%Reaction day

₹89.04

prior close

₹89.49

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.9%-3.1% vs market

Other Textile Products peers, median of 182sector+0.9%-2.2% vs sector

On the reaction day the stock moved 3.1 pts less than Nifty Microcap 250 and 2.2 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.6

10m

-1.1

15m

-0.8

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.2+1.9-3.1+0.9-2.2

Next day

-1.9+3.3-5.2+1.0-2.9

-1.3+3.5-4.7+1.2-2.5

-2.0+2.4-4.4+0.8-2.8

-1.8+3.1-4.8+0.6-2.4

-1.5+2.6-4.1+1.1-2.6

-2.3+2.1-4.4+0.5-2.7

15d

-2.9+0.9-3.8-1.0-1.8

-5.7+5.5-11.2+0.1-5.7

-9.0+8.1-17.1-0.6-8.5

-22.2+3.5-25.7-2.3-19.9

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 182Pending

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

AI summary

Mauritius-based Craft Emerging Market Fund PCC (Citadel Capital Fund and Elite Capital Fund, acting in concert) bought 10,132,543 equity shares of Pashupati Cotspin through open market purchases in February 2025, equal to 6.42% of the company's share capital. The fund held no shares prior to this acquisition. Acquirers are not part of the promoter group. Disclosure filed under SEBI Regulation 29(1) for crossing the 5% shareholding threshold.

Likely market impact

FII buying crossing 5% signals institutional interest, but stake stays below 10% open offer trigger; mildly positive sentiment.