Announced Fri, 20 Mar · 09:58 IST
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Navin Chand Suchanti
SINCLAIR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-4.0%1-day move
₹74.05
prior close
₹75.31
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.3-0.4-0.4-4.0+0.3+1.3-0.1-1.5+3.8+7.0+8.4+1.7+6.7
Up moveDown movePending
AI summary
Sinclairs Hotels promoter Navin Chand Suchanti bought 53,968 equity shares (0.11% stake) in the open market between March 17 and March 18, 2026. His holding rose from 31,32,489 shares (6.11%) to 31,86,457 shares (6.22%) of the company. The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations. The total share capital of the company remains unchanged at 5,12,60,000 equity shares of Rs. 2 each.
Likely market impact
This is a small incremental purchase by a promoter, signalling continued confidence in the company. The increase in stake is marginal (0.11%) and unlikely to materially move the stock price on its own.