SIGACHIBSESigachi Industries LtdHighNegative
Announced Tue, 3 Feb, 2026 · 10:22 IST

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on February 02, 2026 for RPS Industries Pvt Ltd

Pledge Above 50pctOwnership Changes View source PDFExplain this filing

SIGACHI · 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
+3.2%Reaction day
₹19.91
prior close
₹20.40
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+3.7%-0.5% vs market

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250, 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
5m
+0.2
10m
-0.5
15m
-0.6
30m
+0.3
Sessions after the filingfrom the prior close
StockMarketvs market
Reaction day
+3.2+3.7-0.5
Next day
+19.2+5.1+14.1
2d
+21.9+4.0+17.9
3d
+19.0+3.2+15.8
4d
+28.6+5.9+22.7
5d
+30.6+6.9+23.6
1w
+21.0+5.9+15.1
15d
+4.5+2.1+2.4
1m
-2.3-3.5+1.2
2m
-2.3-4.2+1.9
3m
+2.5+10.9-8.5
UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Sigachi Industries disclosed that promoter RPS Industries Pvt Ltd has created a new pledge of 25,00,000 shares (0.65% of total share capital) with Cholamandalam Investment and Finance Ltd, citing personal use as the reason. The pledge was created on January 29, 2026 and reported on February 2, 2026. After this pledge, RPS Industries' total encumbered shares stand at 3,88,50,000 (10.17% of share capital), while its total promoter holding is 5,63,54,250 shares (14.74% of share capital). This means roughly 69% of RPS Industries' promoter holding in Sigachi is now pledged.

Likely market impact

A new pledge by the promoter increases the encumbered portion of promoter shares, which is generally viewed cautiously by investors as it signals higher financial leverage at the promoter level. The 0.65% incremental size is modest, but the overall pledge coverage of promoter holding is now substantial and may raise concerns if the stock moves against the pledged value.