The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sarvesh Sindhu

Promoter Stake BuyPromoter Stake Sell 1pctOwnership Changes View source PDF

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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

+13.8%1-day move

₹32.51

prior close

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base price

After-mkt

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————+13.8+18.9+21.8+27.7+20.0+18.5+17.0+26.9+19.7+20.0

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AI summary

Sarvesh Sindhu and other members of the promoter group acquired 25,03,982 equity shares (23.01% of share capital) from Kuldeep Singh Solanki through an off-market transaction. The acquisition was priced at Rs. 40.62 per share. This is an inter se transfer amongst promoter group members, exempt under Regulation 10(1)(a)(ii). Sarvesh Sindhu's holding increased from 20.47% to 43.48%. The filing confirms there is no change in control of the company and aggregate promoter group shareholding remains the same after the transaction.

Likely market impact

This is an internal restructuring within the promoter group with no impact on public shareholding or company control. The substantial stake sale by Kuldeep Singh Solanki and accumulation by other promoter members is notable but does not trigger open offer requirements.