The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sofreal Marcantrade Pvt Ltd & PACs

Promoter bought stakeCreeping acquisition near the thresholdOwnership Changes View source PDF Explain this filing

STEL · 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

-0.6%Reaction day

₹545.00

prior close

₹545.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.4%-1.9% vs market

Investment Company peers, median of 59sector+0.6%-1.2% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 1.2 pts less than its Investment Company 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

+2.8

10m

+1.5

15m

+0.6

30m

+0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6+1.4-1.9+0.6-1.2

Next day

-4.2+1.4-5.6+0.5-4.6

-3.7+0.9-4.5+0.2-3.9

-5.8+0.3-6.2-0.1-5.7

-8.6-0.4-8.2-1.1-7.6

-6.8-0.5-6.3-0.3-6.4

-9.5+1.1-10.6+0.2-9.7

15d

-19.4-2.5-16.9-3.9-15.5

-19.3-6.1-13.1-7.7-11.5

-11.9-2.8-9.1-8.6-3.3

-22.0-14.9-7.1-18.2-3.8

UpDownMarket · Nifty Microcap 250Sector · Investment Company peers, median of 59Pending

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

AI summary

Sofreal Mercantrade Pvt Ltd, along with 33 persons acting in concert (including promoter family entities like Secura India Trust, Digidrive Distributors Ltd, and Lebnitze Real Estates Pvt Ltd), bought 3,70,351 equity shares (2.01%) of STEL Holdings Ltd through open market purchases on NSE and BSE between March 7, 2025 and December 17, 2025. The promoter group's holding has risen from 69.32% (1,27,93,995 shares) to 71.33% (1,31,64,346 shares) of the company's equity. The total equity capital remains at 1,84,55,405 shares of Rs. 10 face value, with no dilution from the transaction. This disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations, 2011, which is triggered when an acquirer's holding crosses key percentage thresholds.

Likely market impact

This signals continued promoter confidence in the company, with the promoter group steadily increasing its already dominant stake above the 70% mark through small, regular open market buys. Such creeping acquisitions reduce free float and could limit liquidity for other shareholders, though it also reduces takeover risk.