Announced Fri, 27 Mar · 11:00 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ankit Shah

Promoter Stake BuyPromoter Below 50pctOwnership Changes View source PDF

Price

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▲ 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

-2.8%1-day move

₹3.88

prior close

₹3.82

base price

In-mkt

timing

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+0.3+0.3+0.3+0.0-2.8+1.0+0.5+0.5+0.3+3.9+2.8+2.3+0.3-1.3

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AI summary

Ankit Satishkumar Shah, a member of the promoter group of Sacheta Metals Ltd, has acquired 1,968 equity shares through the open market on BSE. The acquisition raised his holding from 1,26,44,284 shares (10.12%) to 1,26,53,345 shares (10.14%) of the company. The total equity share capital of the company is Rs. 25 crore divided into 12,50,00,000 shares of Rs. 2 each. The change in stake is extremely small at just 0.02 percentage points, and the disclosure was filed under SEBI Takeover Regulations as his holding crossed the 10% threshold.

Likely market impact

This is a token buy by a promoter group member with negligible impact on shareholding pattern or stock price. The move signals continued promoter confidence but is too small to materially affect market dynamics.