PENINDNSEPennar Industries Limited· Steel And Steel ProductsMediumNeutral
Announced Thu, 16 Apr · 17:24 IST

Pennar Industries Limited has informed the Exchange about General Updates

Ownership Changes View source PDF

PENIND · 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
-3.2%1-day move
₹174.05
prior close
₹174.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.7+1.2+0.7+0.5-3.2-1.1-0.1-1.3-4.3-1.8-3.6-12.4-8.3-3.9
Up moveDown movePending
AI summary

Bandhan Mutual Fund, through its Bandhan Small Cap Fund scheme, acquired 1,20,000 equity shares (0.0889%) of Pennar Industries Limited on April 13, 2026 via open market purchase. This increased their total holding from 4.9580% to 5.0469% of the company's paid-up capital. The acquirer confirmed it does not belong to the Promoter/Promoter group. The disclosure was filed under Regulation 29(1) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011, and the company's total share capital remains unchanged at ₹67.47 crore across 13,49,46,231 equity shares of ₹5 each.

Likely market impact

A domestic mutual fund slightly increased its stake above the 5% mark. This is a routine open-market acquisition with no immediate concern for other shareholders, though it reflects continued institutional interest in the small-cap space.