Disclosure under SEBI Takeover Regulations 29(1) filed for Purple Finance

Ownership Changes View source PDF Explain this filing

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

-1.1%Reaction day

₹72.44

prior close

₹72.65

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-0.9% vs market

Non Banking Financial Company (NBFC) peers, median of 219sector-0.3%-0.7% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 0.7 pts less than its Non Banking Financial Company (NBFC) 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

—

10m

—

15m

—

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.1-0.1-0.9-0.3-0.7

Next day

+0.8+0.3+0.5-0.5+1.3

+1.5+1.6-0.1-0.2+1.6

-1.3+0.1-1.3-1.2-0.1

-1.3+0.3-1.6-1.0-0.3

-0.5-1.2+0.8-2.0+1.5

-1.7-0.5-1.2-2.0+0.3

15d

-5.2-2.2-3.0-2.8-2.3

-7.1-6.6-0.5-5.3-1.8

—————

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 219Pending

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

AI summary

BSE has received a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from Intellect Money Finvest Pvt Ltd regarding Purple Finance Limited. This regulation is triggered when an acquirer's shareholding crosses or changes beyond the 5 percent voting rights threshold. The filing details the exact transaction type or percentage change are not mentioned in the headline.

Likely market impact

Reg 29(1) disclosure suggests a meaningful change in shareholding by Intellect Money Finvest. Watch for further details on buy or sell action.