RACEBSERace Eco Chain LtdMediumNeutral
Announced Thu, 19 Mar · 12:30 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aryan Malik along with Mrs. Puja Malik

Ownership Changes View source PDF

RACE · 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
-5.4%1-day move
₹107.00
prior close
₹102.19
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+0.3+0.3+0.3-5.4-6.5-7.7-9.4-12.6-3.5+19.6+21.6+12.4+2.3
Up moveDown movePending
AI summary

Aryan Malik, along with person acting in concert (PAC) Mrs. Puja Malik, has filed a disclosure under SEBI's Takeover Regulations for a tiny open-market purchase of just 5 shares of Race Eco Chain Ltd on 17 March 2026. Before the transaction, they held 10,08,181 shares (5.84% of the company); after the purchase, their holding stands at 10,08,186 shares, still 5.84%. The acquirers are explicitly stated to NOT be part of the promoter or promoter group. This is a routine regulatory disclosure for a non-promoter individual who is already past the 5% shareholding threshold.

Likely market impact

The acquisition is negligible (5 shares) and is purely a compliance filing with no meaningful change in ownership or stock-price impact. Shareholders should note that a non-promoter entity now holds over 5% of the company, but there is no indication of a larger accumulation strategy.