Craft Emerging Market Fund acquires 6.42% stake via open market

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

PASHUPATI · 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

-1.9%1-day move

₹89.04

prior close

₹89.49

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.6-1.1-0.8-1.0-1.9-1.3-2.0-1.8-1.5-2.3————

Up moveDown movePending

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.