Announced Fri, 24 Jul · 10:43 IST
CapitalSquare Finance acquires 2.67% stake in Rose Merc, crosses 10% threshold
Price
▲ 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
+3.5%1-day move
₹64.15
prior close
₹68.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+3.5—————————
Up moveDown movePending
AI summary
CapitalSquare Finance Pvt Ltd acquired 166,600 equity shares (2.67%) of Rose Merc Ltd from Mrs. Geeta Manocha via off-market transaction on July 22, 2026. This raised CapitalSquare's holding from 8.01% to 10.68%, crossing the 10% SAST threshold. The acquirer states it is not part of the promoter group. The filing is a creeping acquisition disclosure under Reg 29(2) of SEBI Takeover Regulations.
Likely market impact
Off-market block deal raises acquirer's stake past 10% SAST threshold. Not a promoter, so no takeover trigger yet, but further buys will need disclosure.