Announced Thu, 1 Oct, 2026 · 18:08 IST
Sahana System subsidiary to acquire 60% in Siddhanta Machining
SAHANA · 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
+17.2%1-day move
₹793.00
prior close
₹793.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+5.9+7.2+8.4+10.2+17.2+15.4+9.7———————
Up moveDown movePending
AI summary
Sahana System's subsidiary Sahana Defence has signed an agreement to buy 60% in Siddhanta Machining, a precision machining and defence component maker. Target's FY25 turnover was about Rs 85 lakhs. It will become a step-down subsidiary. Deal is a related party transaction with a common director, done at arm's length with independent valuation. Cash deal, no approvals needed. Move expands high-precision tooling and defence machining capacity.
Likely market impact
Expands defence machining via step-down subsidiary. Related party deal at arm's length with independent valuation. Target is small.