Counter Cyclical Investments raises Harshdeep Hortico stake to 5.51%
- Counter Cyclical Investments Private Limited acquired 19,500 shares of Harshdeep Hortico Limited on October 14, 2026
- Total holding rose from 867,000 shares (5.39%) to 886,500 shares (5.51%) of voting capital
- The acquisition was executed through the open market by the portfolio manager and its clients
- Harshdeep Hortico's total equity share capital remains unchanged at 16,094,060 shares
*this image is generated using AI for illustrative purposes only.
Harshdeep Hortico Limited saw its shareholding structure shift slightly as Counter Cyclical Investments Private Limited increased its equity stake to 5.51% following an open market acquisition. The portfolio manager added 19,500 shares to its existing position, bringing its total holding to 886,500 shares as of October 14, 2026.
The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Counter Cyclical Investments Private Limited acted as the acquirer through its clients, who are classified as persons acting in concert (PAC). The entity does not belong to the promoter or promoter group of the target company.
Acquisition Details
The transaction was executed via the open market route. Prior to this specific trade, Counter Cyclical Investments held 867,000 shares, representing 5.39% of the company's voting capital. The recent purchase of 19,500 shares constitutes a 0.12% increase in ownership percentage relative to the total diluted share capital.
| Metric | Pre-Acquisition | Post-Acquisition | Change |
|---|---|---|---|
| Shares Held | 867,000 | 886,500 | +19,500 |
| % of Voting Capital | 5.39% | 5.51% | +0.12% |
| Mode of Acquisition | N/A | Open Market | N/A |
Regulatory Compliance
The filing confirms that the total equity share capital of Harshdeep Hortico remains unchanged at 16,094,060 shares both before and after the transaction. This indicates that the change in ownership percentage is solely due to the transfer of existing shares between market participants rather than new issuance or dilution events. The disclosure serves as a formal record for the stock exchange and the target company regarding the change in substantial holding thresholds.
Historical Stock Returns for Harshdeep Hortico
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | +4.39% | +7.00% | +1.38% | -2.72% | +44.83% |
How might Counter Cyclical Investments' continued accumulation influence Harshdeep Hortico's upcoming board composition or strategic direction?
What specific operational or financial metrics in Harshdeep Hortico's recent quarterly reports likely triggered this incremental stake increase?
Could this move signal broader institutional interest in the horticulture sector, potentially affecting peer company valuations?
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