The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for CAG - Tech (Mauritius) Ltd

Promoter Stake BuyOwnership Changes View source PDF Explain this filing

SUNDROP · price

Loading chart…

▲ 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

-0.0%Reaction day

₹640.30

prior close

₹643.95

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.0%-0.0% vs market

Edible Oil peers, median of 23sector-0.3%+0.3% vs sector

On the reaction day the stock moved in line with Nifty Microcap 250 and 0.3 pts more than its Edible Oil 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

+0.1

10m

-0.1

15m

+0.3

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.0-0.0-0.0-0.3+0.3

Next day

+4.2-2.0+6.1-1.7+5.9

+3.1-0.1+3.2-0.6+3.7

+2.8-1.6+4.3-1.2+4.0

+1.5-2.7+4.2-2.1+3.6

+5.6+0.3+5.3-0.1+5.7

+4.1+2.6+1.5+0.1+4.0

15d

+0.7+4.2-3.4+1.1-0.3

+0.4+6.2-5.8-0.3+0.8

+4.0+8.6-4.6-2.1+6.1

+2.8+11.2-8.4-1.6+4.4

UpDownMarket · Nifty Microcap 250Sector · Edible Oil peers, median of 23Pending

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

AI summary

CAG-Tech (Mauritius) Limited, part of the promoter group of Sundrop Brands Ltd (formerly Agro Tech Foods Ltd), acquired 1,881,073 equity shares through an off-market transaction on June 4, 2026. This represents 4.99% of the company's total share capital and 4.81% of the diluted share capital. As a result, the promoter group's voting stake has risen from 38.91% to 43.90% (42.28% on a diluted basis). The acquisition was carried out under Regulation 29(2) of SEBI's Takeover Regulations. Notably, the entire pre-acquisition holding of 14,666,522 shares remains encumbered under a non-disposal undertaking.

Likely market impact

This is a positive signal for retail investors, as the promoter group is increasing its stake rather than diluting it, indicating continued confidence in the company. The off-market nature suggests this may be an inter-se transfer among promoter entities rather than a fresh infusion, so there is no direct impact on share price from new supply or demand.