SOFTTECHBSESofttech Engineers LtdMediumNeutral
Announced Mon, 18 May · 18:01 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for East India Udyog Ltd & Others

Promoter Stake Sell 1pctOwnership Changes View source PDF

SOFTTECH · price

Loading chart…

▲ 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
+1.7%1-day move
₹411.50
prior close
₹395.05
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+1.7-2.3+1.0+0.9+4.6+11.6+3.3+3.2+0.6
Up moveDown movePending
AI summary

East India Udyog Ltd along with PACs Helix Probuild LLP and Udyat Indian Ventures LLP have sold 3,61,419 equity shares (2.611% stake) in SoftTech Engineers Ltd between July 9, 2024 and May 18, 2026. East India Udyog Ltd sold 3,27,285 shares (2.364%) reducing its holding from 7.982% to 5.618%, while Helix Probuild LLP sold 34,134 shares (0.247%). The combined promoter group holding decreased from 13.961% to 11.350%. The transaction was conducted in the open market. The filing notes that previous reductions of 2.03% by East India Udyog and 7.80% by Udyat Indian Ventures were also reported earlier.

Likely market impact

Promoter group stake has reduced by approximately 2.6%, indicating selling pressure from insider/promoter entities. While holding remains above 10%, continued selling could signal lack of confidence or fund-raising needs.