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 bought stakeOwnership 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

+1.6%Reaction day

₹104.25

prior close

₹104.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%+1.0% vs market

Other Textile Products peers, median of 179sector+0.7%+0.9% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty Microcap 250 and 0.9 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

+0.4

10m

+1.0

15m

+1.3

30m

+1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.6+0.5+1.0+0.7+0.9

Next day

-1.2+1.2-2.4+1.5-2.7

-1.3+0.9-2.2+0.8-2.1

-2.3+1.3-3.6+1.0-3.3

-2.4+0.6-3.0+0.1-2.5

-4.1+0.3-4.3+0.4-4.4

-4.2-1.1-3.1-1.0-3.2

15d

-8.4-2.6-5.8-2.9-5.5

-12.8-1.9-10.9-3.5-9.3

-13.1-1.0-12.1-3.4-9.7

-18.9-6.7-12.2-9.2-9.7

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 179Pending

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

AI summary

Hindustan Cotton Company, part of the promoter group of Sarla Performance Fibers Limited, has filed a disclosure under SEBI Takeover Regulations for acquiring 4,000 shares (0.0048% of the total share capital). This is a very small acquisition and does not materially change the promoter group's overall holding. Prior to this acquisition, the promoter group collectively held 4,75,23,166 shares, representing 56.9119% of the company's voting share capital. The disclosure was made by Mrs. Sarladevi Madhusudan Jhunjhunwala, partner of Hindustan Cotton Company, along with other promoter group entities listed in the filing.

Likely market impact

The acquisition is negligible in size (just 0.0048%) and is unlikely to have any meaningful impact on the stock price or shareholder value. It signals routine promoter group activity, likely a small open-market purchase, and reflects continued confidence in the company.