The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Satishkumar Shah
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.4 pts more than Nifty Microcap 250 and 4.1 pts more than its Aluminium peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Satishkumar Shah Keshavlal, a promoter of Sacheta Metals Ltd, acquired 2,140 equity shares (0.02% of the company's capital) through open market purchase. Following this acquisition, his total shareholding in the company increased from 2,68,67,369 shares (21.09%) to 2,68,89,077 shares (21.11%). The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011. The company's total equity capital remains at Rs. 25,00,00,000, comprising 12,50,00,000 shares of Rs. 2 each, listed on BSE.
This is a minor promoter buy, indicating continued promoter confidence in the company, but the tiny size (0.02%) is unlikely to have any meaningful impact on the stock price. Total promoter holding stands at 21.11%.