BSESwastika Castal LtdMediumNeutral
Announced Fri, 10 Apr · 09:35 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Fortune Hands Growth Fund Scheme I

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+4.1%1-day move
₹57.00
prior close
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+4.1+7.9+6.4+5.4+3.5-17.5-26.5+37.3
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AI summary

Fortune Hands Growth Fund Scheme I, a non-promoter entity, has disclosed acquisition of 10,000 shares (0.12%) of Swastika Castal Limited through a market purchase on 30 March 2026. With this purchase, the fund's total holding increased from 4,00,000 shares (4.90%) to 4,10,000 shares (5.02%) of the paid-up share capital, crossing the 5% disclosure threshold under SEBI Takeover Regulations. Swastika Castal is listed on the BSE SME platform and has a total equity share capital of 81,64,000 shares of Rs. 10 each. The disclosure was filed on 9 April 2026 by the company on behalf of the acquirer.

Likely market impact

This is a routine creeping acquisition by a non-promoter institutional investor crossing the 5% regulatory threshold. The marginal 0.12% increase is unlikely to materially impact the stock price, but signals growing institutional interest in this small-cap BSE SME-listed company.