Announced Thu, 2 Apr · 15:11 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vijay Kumar Thadani

Promoter Stake BuyCreeping 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
+4.9%1-day move
₹104.90
prior close
₹106.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+4.9+1.4+17.3+22.1+16.9+30.5+10.6+20.6-2.8-13.3
Up moveDown movePending
AI summary

Prominent real estate figure Vijay Kumar Thadani has disclosed acquisition of 8,39,328 equity shares (7.41% stake) in Thrive Future Habitats Ltd (formerly Ador Multiproducts Limited) via preferential allotment, bringing his total holding to 7.41% of the expanded share capital. The acquisition was completed on March 31, 2026, with shares likely held in pledge/lien given the encumbrance notation. The company's equity base expanded from 1.13 crore to 2.06 crore shares post-transaction, indicating a potential rights or bonus issue.

Likely market impact

Thadani is a known promoter of real estate firm Nirwana Developers; his entry at ~7.4% may signal consolidation or future creeping acquisition intent, though non-promoter status initially reduces immediate takeover threat perception.