Announced Sat, 11 Apr · 17:12 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Octagon Merchants Pvt Ltd, Parton Vinimay Pvt Ltd & PACs

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

+33.3%1-day move

₹24.85

prior close

—

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————+33.3+28.2+21.9+15.8+10.0-0.6-11.5+3.2+13.0-7.3

Up moveDown movePending

AI summary

Octagon Merchants Private Limited (Acquirer) purchased 1,98,222 equity shares (3.3037%) of Tai Industries Ltd on April 10, 2026 through open market. The seller, Parton Vinimay Private Limited, sold just 1 share. After the transaction, the combined holding of Octagon and its PACs (Reality Merchants and Utsav Promoters) increased from 13.1342% to 16.4379%, totaling 9,86,279 shares. Octagon's individual stake rose from 2.1233% to 5.4270%. The company has 60,00,000 equity shares of Rs.10 each. The acquirer and sellers confirmed they do not belong to the Promoter/Promoter group.

Likely market impact

The acquiring group now holds 16.44% stake, approaching the 25% threshold which would trigger open offer obligations. The transaction was through open market purchases, suggesting continued accumulation without a mandatory disclosure trigger being reached yet.