The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Foils India Laminates Pvt Ltd
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 1.5 pts more than its Aluminium peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Foils India Laminates Private Limited, part of the promoter group of PG Foils Ltd, has disclosed the acquisition of 2,00,000 equity shares (face value Rs. 10 each) through open market purchase on March 25, 2026. The acquisition represents 1.69% of the company's total share capital. Before this purchase, Foils India Laminates held 14,01,639 shares (11.88%), and after the acquisition its holding has risen to 16,01,639 shares (13.57%). The disclosure has been filed under Regulation 29(1) of the SEBI Takeover Regulations, 2011, which mandates reporting of incremental share acquisitions crossing specified thresholds.
This is a positive signal indicating continued promoter group confidence, as they are incrementally raising their stake in PG Foils through open market purchases. Shareholders may view this as a show of faith, though the overall quantum remains modest at under 2% added in this tranche.