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

Promoter bought stakeOwnership Changes View source PDF Explain this filing

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

-5.6%Reaction day

₹148.70

prior close

₹146.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%-6.1% vs market

Other Textile Products peers, median of 178sector+0.1%-5.7% vs sector

On the reaction day the stock moved 6.1 pts less than Nifty Microcap 250 and 5.7 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Sessions after the filingfrom the prior close

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Reaction day

-5.6+0.6-6.1+0.1-5.7

Next day

-5.2+0.5-5.7+0.1-5.3

-0.4+0.8-1.2-0.0-0.4

+3.2+1.2+2.0+0.2+3.0

+2.2+1.5+0.8+0.1+2.1

-1.2+1.6-2.7-0.1-1.0

+1.5+1.8-0.3-0.7+2.1

15d

+0.2+3.3-3.1+0.2+0.0

—+3.1—-1.0—

-7.2+2.3-9.5-0.3-6.9

—+0.2—-6.0—

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 178Pending

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

AI summary

Promoter group of Sanrhea Technical Textiles, led by Tushar Mahendra Patel along with Persons Acting in Concert (PACs), has acquired 6,90,000 equity shares (12.13% of the company) through preferential allotment on 09.05.2025. Of these, Tushar Patel received 2,90,000 shares and Tejalben Patel received 4,00,000 shares. Post-acquisition, the promoter group's combined holding has gone up from 71.53% (35,76,250 shares) to 74.98% (42,66,250 shares). The company's total share capital has expanded from Rs. 5 crore to Rs. 5.69 crore (50 lakh to 56.9 lakh equity shares of Rs. 10 each) as a result of this preferential issue.

Likely market impact

This signals renewed promoter confidence with fresh capital infusion into the company through preferential allotment. Non-promoter shareholders get diluted by roughly 3.45 percentage points (from 28.47% to 25.02%), so minority investors should review the issue price and terms of the preferential allotment for fairness.