The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hindustan Cotton Company & Others

Promoter Stake BuyOwnership Changes View source PDF Explain this filing

SARLAPOLY · price

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▲ 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

+3.7%Reaction day

₹88.20

prior close

₹90.98

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+3.8% vs market

Other Textile Products peers, median of 170sector+0.0%+3.7% vs sector

On the reaction day the stock moved 3.8 pts more than Nifty Microcap 250 and 3.7 pts more than its Other Textile Products 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

-0.2

10m

-0.4

15m

-0.7

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.7-0.1+3.8+0.0+3.7

Next day

+2.3-0.3+2.6-0.4+2.8

+0.0-0.9+0.9-1.1+1.2

+1.4-1.3+2.8-1.8+3.2

-0.3-1.9+1.5-1.9+1.6

-0.2-3.0+2.7-2.6+2.4

+0.3-3.4+3.7-3.7+4.0

15d

-2.7-3.4+0.8-4.0+1.3

-0.4-3.9+3.5-4.9+4.5

-5.4-9.4+3.9-10.1+4.6

-4.3-10.0+5.7-11.1+6.7

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 170Pending

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

AI summary

Sarla Performance Fibers Limited informed the exchanges about a disclosure received from Hindustan Cotton Company, part of the promoter/promoter group, under Regulation 29(2) of the SEBI Takeover Regulations, 2011. Before this transaction, the promoter group's total holding stood at 4,75,44,157 shares, representing 56.9371% of the company's paid-up share capital. The promoter group acquired an additional 15,632 shares, equivalent to 0.0187% of the total share capital. The disclosure was signed by Sarladevi Madhusudan Jhunjhunwala, partner of Hindustan Cotton Company, and the document was filed by Krishna Jhunjhunwala, Director of the company.

Likely market impact

This is a marginal increase of just 0.0187% by the promoter group, taking their effective holding only fractionally higher from 56.94%. The transaction is too small to have any meaningful impact on shareholding dynamics or stock price, and is likely a routine market purchase requiring disclosure due to the promoter group's large existing stake.