Mehta Family Trust indirectly acquires 14.57 percent voting rights in Saurashtra Cement

Promoter bought stakeOwnership Changes View source PDF Explain this filing

SAURASHCEM · 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

+4.3%Reaction day

₹53.00

prior close

₹53.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+4.0% vs market

Cement & Cement Products peers, median of 36sector-0.2%+4.5% vs sector

On the reaction day the stock moved 4.0 pts more than Nifty Microcap 250 and 4.5 pts more than its Cement & Cement 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

-0.6

10m

-0.8

15m

-0.8

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.3+0.3+4.0-0.2+4.5

Next day

+0.5-1.3+1.8-2.7+3.1

+1.1-0.3+1.3-3.1+4.2

+2.8-0.6+3.4-2.7+5.5

+0.0-1.8+1.8-4.1+4.1

-3.8-1.8-1.9-3.9+0.1

-4.2-0.8-3.4-4.7+0.5

15d

-7.4-4.1-3.3-6.1-1.3

-11.2-9.4-1.8-9.2-2.0

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UpDownMarket · Nifty Microcap 250Sector · Cement & Cement Products peers, median of 36Pending

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

AI summary

Mehta Family Trust acquired 49.99% of Galaxy Technologies Private Limited from Mr. Jay Mahendra Mehta on September 22, 2026, under a SEBI exemption order dated July 14, 2026. Since Galaxy holds 1,62,15,400 equity shares (14.57%) in Saurashtra Cement, the Trust has indirectly acquired 14.57% voting rights in the company. This is an internal reorganization within the Mehta family. There is no change in total share capital, aggregate promoter and promoter group shareholding, public shareholding, or control and management of Saurashtra Cement.

Likely market impact

Internal family restructuring with no change in control, management, or aggregate promoter holding. Neutral for shareholders.