“Gemstone-studded jewellery with ruby and emerald pieces placed on stock market papers, alongside a calculator and rupee coins, with a blurred candlestick chart in the background.”

Uday Jewellery — Promoter Group Files SAST Acquisition Disclosure

Uday Jewellery promoter group increases stake, filing a SAST disclosure under SEBI Reg 29. Details include acquired shares, holding % and regulatory trigger.

Hyderabad | September 27, 2025 Uday Jewellery Industries Ltd has informed exchanges that its promoter group has acquired additional equity shares, triggering disclosure requirements under Regulation 29 of SEBI’s Substantial Acquisition of Shares and Takeovers (SAST) Regulations.

Acquisition Details

According to the disclosure filed, members of the promoter group purchased equity shares of the company through market transactions. The annexure provides the following details:

  • Number of shares acquired: [Exact figure from filing, e.g., X lakh shares]
  • Average acquisition price: [₹XX per share, if disclosed]
  • Post-acquisition holding: [Updated % of total equity capital, e.g., Y%]

The acquisition pushes the promoters’ stake higher, reinforcing control in the small-cap gemstone and jewellery company.


Regulatory Trigger

The filing has been made under Regulation 29 of SEBI (SAST) Regulations, 2011, which mandates disclosure when promoters or significant shareholders acquire shares exceeding specified thresholds.

This ensures transparency for public investors whenever promoter holdings undergo changes.


Strategic Context

The promoter acquisition signals long-term confidence in Uday Jewellery’s growth trajectory. While no immediate board resolution or preferential allotment outcome was linked in the filing, the disclosure reinforces promoter alignment with the company’s future.

Market watchers note that such acquisitions often buoy investor sentiment in small-cap counters, especially when liquidity is limited and promoter confidence plays a pivotal role in valuation.


What to Watch

  • Impact on stock price: Trader activity typically spikes around SAST and insider purchase disclosures.
  • Further filings: Any follow-up disclosures of creeping acquisitions or insider purchases.
  • Business momentum: Upcoming quarterly results will indicate if fundamentals align with promoter confidence.

Outlook

Promoter accumulation is generally viewed as a positive sign for minority investors, particularly in niche small-caps. However, the stock’s near-term trajectory will depend on broader market sentiment and forthcoming company updates.

Uday Jewellery Industries Ltd
BSE: 539518
Small-cap
₹157.15
−3.45 (−2.15%)
As of 26-Sep-2025, 3:44 PM IST • Prev close: ₹160.60
Day Range
₹156.55 – ₹162.95
Open
₹160.70
Market Cap
₹360.22 Cr
P/E Ratio
22.13
MetricValueComment
LTP₹157.15Down today
Change−₹3.45 / −2.15%Negative
Open₹160.70Gap-down
High / Low₹162.95 / ₹156.55Volatile
52W High / Low₹176.85 / ₹126.10Mid-range
Source: Market snapshot. For illustration; verify before trading.
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