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

Ownership Changes View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+2.0%Reaction day

₹4.08

prior close

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announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.6%+0.4% vs market

Non Banking Financial Company (NBFC) peers, median of 196sector+0.9%+1.0% vs sector

On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 1.0 pts more than its Non Banking Financial Company (NBFC) 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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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.0+1.6+0.4+0.9+1.0

Next day

+2.0+2.8-0.8+1.5+0.5

+0.7+2.7-1.9+0.7+0.0

+2.7+3.0-0.3+1.0+1.7

+0.7+2.4-1.6+0.5+0.2

-1.2+2.2-3.5+1.0-2.2

-0.7-0.2-0.5-0.2-0.5

15d

+6.9+2.7+4.2+0.3+6.6

+39.7+4.7+35.0+1.6+38.1

+19.6+2.3+17.4-1.1+20.7

+13.7+1.9+11.8-1.7+15.4

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 196Pending

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

AI summary

Moreplus Merchants Private Limited, a non-promoter entity, has sold 6,09,726 equity shares (3.02%) of Thirani Projects Ltd in the open market between August 11 and August 13, 2025. The sale comprised 3,60,000 shares (1.78%) sold on August 11-12 and 2,49,726 shares (1.24%) sold on August 13. Before the sale, Moreplus Merchants held 28,02,584 shares (13.87%), which has now reduced to 21,92,858 shares (10.85%). The transaction was carried out in the open market and the entity does not belong to the promoter/promoter group of the company.

Likely market impact

A non-promoter shareholder reducing its stake from 13.87% to 10.85% in a small-cap stock could create mild supply pressure in the near term, but the open-market nature and gradual selling suggest an orderly exit rather than a distressed dump. Retail investors should monitor for any further disclosures if Moreplus Merchants crosses below the 10% threshold.