His intention to exercise over-subscription option for 27,04,182 equity shares
As filed · Anand Kamalnayan Pandit has informed the Exchange about his intention to exercise over-subscription option for 27,04,182 equity shares.
Special SituationNotablemateriality 71 out of 100
What happened
FactHis intention to exercise over-subscription option for 27,04,182 equity shares. 2,65,00,000EquitySharei(representing5.42%ofthetotalpaidupequitysharecapitaloftheCompany).
Why it matters
CapitSignal interpretationAn offer for sale places existing shares into the market, so the register changes and the price is set by the floor rather than the screen.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Demand
ContradictedEarlierQ3 FY26
The project has achieved bookings worth ₹92 crore within the first week of launch.
NowQ3 FY26
The project has achieved bookings worth ₹38 crore, within the first week of launch.
Change
FactFact conflict
Implication
CapitSignal interpretationThe earlier statement claims bookings worth ₹92 crore, while the current statement claims bookings worth ₹38 crore for the same period.confidence 95%
Watch next
Fact- Floor price versus market price
- Seller stake before and after
- Subscription across the two sessions
- With Project Varun in Bandra scheduled for launch in Q3FY26, we are continuing the momentum of FY25 in FY26 wh (management committed by FY26)
- Set to launch Project Varun (Bandra) in Q3 FY26 (management committed by Q3 FY26)
Evidence
- Anand Kamalnayan Pandit has informed the Exchange about his intention to exercise over-subscription option for 27,04,182 equity shares.(opens the original filing in a new tab)
- Earlier statement · Q3 FY26
- Latest statement · Q3 FY26
How CapitSignal classified this
- Reasoning:
- OFS base 68; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%