The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for National Asset Reconstruction Company Ltd

Ownership Changes View source PDF Explain this filing

SIMPLEXINF · 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

₹305.00

prior close

₹304.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%-2.2% vs market

Civil Construction peers, median of 84sector+0.1%-1.7% vs sector

On the reaction day the stock moved 2.2 pts less than Nifty Microcap 250 and 1.7 pts less than its Civil Construction 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

+0.9

10m

+1.0

15m

+0.4

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.6+0.5-2.2+0.1-1.7

Next day

-2.1+0.2-2.3+0.0-2.1

-7.1-0.9-6.2-1.4-5.6

-5.3-1.2-4.1-1.8-3.5

-7.9-2.0-5.8-2.5-5.3

-7.6-1.9-5.7-2.7-4.8

-8.2-1.2-7.0-2.7-5.5

15d

-3.6-1.5-2.1-4.4+0.8

-5.2+0.0-5.3-3.4-1.8

-8.7-0.5-8.2-2.4-6.3

+0.0+1.3-1.3-3.6+3.6

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 84Pending

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

AI summary

National Asset Reconstruction Company Ltd (NARCL), acting through IDRCL, has received a pledge of 31,35,925 equity shares (3.96% of share capital) from the promoter of Simplex Infrastructures Ltd. This pledge was created on 30-Jul-2025. With this addition, NARCL's total encumbrance holding in Simplex stands at 94,21,636 shares (11.91%), while combined with voting rights shares, total exposure rises to 2,22,69,663 shares (28.15% of capital). The disclosure is filed because the acquirer's combined holding crossed the 25% threshold under SAST regulations due to encumbrance. This reflects the ongoing debt resolution process, as NARCL typically acquires stressed assets via pledge/enforcement from lenders.

Likely market impact

For shareholders, this signals that the promoter has further pledged shares to an asset reconstruction company, indicating ongoing financial stress and deepening involvement of NARCL in the company. This may weigh on sentiment given that lenders now have significant encumbrance, though it could also be a step toward resolution and restructuring.