Promoter group buys 2.14%, holding rises to 26.94%

Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership Changes View source PDF Explain this filing

SUMEETINDS · 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

-5.0%Reaction day

₹14.82

prior close

₹14.39

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-5.1% vs market

Other Textile Products peers, median of 189sector-0.3%-4.7% vs sector

On the reaction day the stock moved 5.1 pts less than Nifty Microcap 250 and 4.7 pts less than its Other Textile Products 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

-0.3

10m

-0.6

15m

-0.2

30m

-1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.0+0.2-5.1-0.3-4.7

Next day

-0.3+0.2-0.5-0.2-0.1

-4.5+0.4-4.9-0.2-4.4

-9.7+0.7-10.5-0.3-9.5

-14.0+0.1-14.1-0.6-13.4

-9.7+0.7-10.4-0.6-9.1

-11.4+1.2-12.6-0.7-10.7

15d

-22.8+0.7-23.6-0.6-22.2

-30.9-1.2-29.7-1.9-29.0

-22.3-1.1-21.2-3.3-19.0

—————

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 189Pending

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

AI summary

The promoter group acquired 1.49 crore equity shares, or 2.14%, through open-market purchases on 12 August 2026. Its combined holding increased from 17.23 crore shares, or 24.80%, to 18.72 crore shares, or 26.94%.

Likely market impact

Higher promoter ownership strengthens promoter influence; crossing 25% may lead to greater takeover-rule scrutiny.