The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Govind Gadgil & Amit Modak

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

PNGSREVA · price

Loading chart…

▲ 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

+12.9%1-day move

₹363.20

prior close

₹367.45

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.1-0.1-0.2-0.8+12.9+12.9+12.1+11.0+8.1+5.6+4.6+10.4+11.6—

Up moveDown movePending

AI summary

Two insiders of PNGS Reva Diamond Jewellery disclosed open market share purchases on May 18, 2026 under SEBI SAST regulations. Promoter Govind Vishwanath Gadgil bought 1,60,000 shares (0.50%), raising his holding from 22.83% to 23.33%. Whole Time Director & CEO Amit Yeshwant Modak (non-promoter) bought 7,000 shares (0.02%), increasing his stake from 2.03% to 2.05%. The total share capital of the company is ~31.70 crore shares (Rs. 10 face value). Both acquisitions were from the open market on the same date. No encumbrances (pledge/lien) were reported by either acquirer.

Likely market impact

Gadgil's acquisition is a modest promoter stake increase (~0.5%) and signals confidence, but is below the 1% threshold that triggers an additional SAST disclosure. Modak's purchase is negligible. Neither filing suggests any takeover intent.