The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mukul Agrawal

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Price reaction · full curve 14 horizons · vs prior close

-0.9%1-day move

₹37.75

prior close

₹37.20

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0-0.3-0.3-0.3-0.9-3.1-4.5-3.3-2.2-7.7-9.4-3.8+9.7—

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AI summary

Mukul Agrawal, Partner of Param Value Investments, sold 10,12,500 equity shares (4.647%) of Siyaram Recycling Industries Ltd through open market transactions between April 23, 2026 and May 25, 2026. Following the sale, his holding reduced from 6.138% (13,37,500 shares) to 1.492% (3,25,000 shares). The transaction was executed in the open market and the total equity capital of the company remains unchanged at 2,17,89,212 shares of Rs.10 each. Mukul Agrawal is not a promoter or person acting in concert with any promoter group.

Likely market impact

This represents a significant reduction in a substantial shareholder's stake, indicating possible exit or portfolio rebalancing by Param Value Investments. The sale of over 4.6% stake in the open market could exert mild downward pressure on the stock price in the short term.