BSESuyog Gurbaxani Funicular Ropeways Ltd· ConstructionHighNeutral
Announced Tue, 24 Feb, 2026 · 11:11 IST

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

Promoter Stake BuyOwnership Changes View source PDFExplain this filing

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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
+0.0%Reaction day
₹119.00
prior close
₹118.00
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+1.3% vs market
Civil Construction peers, median of 95sector-0.9%+0.9% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 0.9 pts more than its Civil Construction 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
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Reaction day
+0.0-1.3+1.3-0.9+0.9
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—-0.8—-1.5—
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-13.4-5.7-7.7-6.2-7.3
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-10.1-6.4-3.7-8.6-1.5
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-16.8-9.9-6.9-13.2-3.6
2m
-4.2+3.8-8.0+1.9-6.1
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-14.3+8.9-23.1-0.6-13.7
UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 95Pending

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

AI summary

Promoter Mr. Arvind Lature transferred 4,97,600 equity shares (about 2% of the company's share capital) of Suyog Gurbaxani Funicular Ropeways Ltd to Sarvatra Finance Pvt Ltd, a company owned and controlled by Mr. Lature himself. The transfer happened off-market on February 17-18, 2026, and was disclosed to BSE under SEBI's Substantial Acquisition of Shares & Takeovers (SAST) Regulations. Before this, Sarvatra Finance held zero shares in the company; after the transfer, it holds 4,97,600 shares (2%). This is essentially an internal reshuffle within the promoter group, not a change in overall promoter ownership of the company.

Likely market impact

No change in total promoter shareholding – shares have simply moved from the promoter individual to his privately-held company. Shareholders should see this as a neutral, internal restructuring event with no impact on control or float.