Announced Fri, 13 Mar · 10:39 IST

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

Promoter Stake BuyOwnership 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

+0.5%1-day move

₹3.92

prior close

₹3.88

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.5+0.3+0.3+0.5-0.3+0.0-0.5+0.5-0.5+2.6+1.8+0.8-0.8

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AI summary

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.

Likely market impact

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%.