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

Promoter bought stakePromoter holding below 50%Ownership Changes View source PDF Explain this filing

SURYODAY · 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

+0.4%Reaction day

₹127.50

prior close

₹128.92

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.8%+3.2% vs market

Other Bank peers, median of 8sector-2.4%+2.8% vs sector

On the reaction day the stock moved 3.2 pts more than Nifty Microcap 250 and 2.8 pts more than its Other Bank 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

+0.0

10m

-0.0

15m

+0.4

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.4-2.8+3.2-2.4+2.8

Next day

-3.1-2.0-1.2-2.2-1.0

-2.4-6.5+4.1-6.8+4.4

-1.2-3.8+2.6-5.8+4.7

-0.4-1.5+1.1-3.5+3.1

+1.0-4.3+5.3-7.2+8.2

-2.3-2.8+0.5-5.5+3.2

15d

+9.0+8.2+0.8+8.1+1.0

+13.1+10.1+3.0+7.2+5.9

+27.1+12.4+14.6+12.7+14.4

+37.1+23.5+13.6+21.2+15.8

UpDownMarket · Nifty Microcap 250Sector · Other Bank peers, median of 8Pending

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

AI summary

Baskar Babu Ramachandran, Promoter and Managing Director & CEO of Suryoday Small Finance Bank, bought 50,000 equity shares from the open market on March 17 and March 18, 2026, under a Trading Plan previously submitted to the exchanges under SEBI's Insider Trading Regulations. His shareholding rose from 55,01,911 shares (5.18% of diluted capital) to 55,51,911 shares (5.22% of diluted capital), an increase of 0.04 percentage points. The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, and was made to both NSE and BSE.

Likely market impact

This is a small, routine promoter purchase made under a pre-approved trading plan, signalling insider confidence but unlikely to materially move the stock price. Shareholders should note that promoter-level holding remains low at 5.22%, well below 50%.