The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Cream & Cookies Family Trust

Promoter bought stakeOwnership Changes View source PDF Explain this filing

SANDHAR · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.2%Reaction day

₹471.95

prior close

₹473.95

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.7%-1.6% vs market

Auto Components & Equipments peers, median of 107sector-0.8%-1.5% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 1.5 pts less than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

+0.4

15m

-0.0

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.2-0.7-1.6-0.8-1.5

Next day

-2.5-0.7-1.8-0.4-2.1

-2.5-0.2-2.3+0.9-3.4

-3.1-0.1-3.1+0.6-3.8

-1.7+0.4-2.1+0.7-2.4

-1.9+0.3-2.2+0.8-2.7

-2.5+1.0-3.5+1.6-4.2

15d

-2.3-0.2-2.1+2.5-4.8

-5.5-1.2-4.3+1.3-6.8

+14.5+0.6+13.9+1.3+13.2

+18.9-4.3+23.2-2.0+20.9

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 107Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Cream & Cookies Family Trust, whose settlor is Sandhar Technologies promoter Jayant Davar, acquired 26,22,930 equity shares (4.36% of total share capital) of the company via inter-se transfer by way of gift on 29 August 2025. Before the acquisition, the Trust held no shares; after the acquisition, it holds 4.36%. The Trust also indirectly acquired Jayant Davar's stakes in promoter group entities — Sanjeevni Impex (95%), YSG Estates (72%), Sandhar Estates (62.12%), and a small stake in Jubin Finance & Investment. The total equity share capital of Sandhar Technologies remains unchanged at 6,01,90,708 shares of INR 10 each. This appears to be an internal restructuring of promoter holdings from an individual to a family trust under SEBI exemption order dated April 30, 2025.

Likely market impact

This is a promoter group internal reshuffle (gift-based inter-se transfer), so there is no change in the overall promoter holding of Sandhar Technologies or any fresh supply of shares in the market. Shareholders are unlikely to see any meaningful stock price impact; the move consolidates promoter ownership under a family trust structure for estate/succession planning.