Amanaya promoters lift stake to 42.87% with open-market buys
Manan Mahajan and his LLP bought 84,000 shares (2.25% of equity) in June-July, crossing the mandatory disclosure threshold. For a ₹6 cr nano-cap, it's a rare vote of confidence.
— 1 earlier story on Amanaya Ventures Ltd. →What's new
- Promoter Manan Mahajan and Amanaya Precious Metals LLP bought 84,000 shares in open market between 1 June and 7 July 2026.
- Their combined stake rose from 40.61% to 42.87%.
- The purchase crossed the 2% threshold triggering mandatory takeover disclosure.
Why this matters
For a nano-cap with a ₹6 crore market cap, insider buying of 2.25% of equity is a tangible signal of management’s skin in the game — especially when FY26 revenue doubled but profit didn't keep pace.
What we're watching
- Whether the buying continues in the coming months.
- Any improvement in net margins in the next quarterly results.
- If other large shareholders follow the promoter's lead.
The full read
Amanaya's promoter group picked up 84,000 shares (2.25% of equity) in the open market between 1 June and 7 July 2026, lifting their combined stake to 42.87% from 40.61%. For a nano-cap with a ₹6 crore market cap, that is a rare vote of confidence. The purchase triggered a mandatory disclosure under takeover rules. The timing is interesting: FY26 revenue doubled to ₹847.5 million, but profits shrank. The promoters are buying even as earnings per share comes under pressure. Hardly a sign of doubt.
Questions answered
- How many shares did the promoters buy and over what period?
- Manan Mahajan and his PAC Amanaya Precious Metals LLP bought 84,000 shares between 1 June and 7 July 2026 through open market purchases.
- What was the impact on their ownership?
- Their combined stake increased from 40.61% to 42.87%, a gain of 2.25% of the company's equity.
- Why did this trigger a regulatory disclosure?
- Indian takeover rules require disclosure when an acquirer's holding crosses a 2% threshold. The 2.25% acquisition exceeded that, mandating a public filing.
- What is Amanaya's market capitalisation?
- Amanaya is a nano-cap with a market cap of ₹6 crore. The acquisition of 2.25% equity, worth roughly ₹13.5 lakh at current prices, is a material insider investment.
- How does this relate to Amanaya's recent financial performance?
- Amanaya's FY26 revenue doubled to ₹847.5 million, but profits declined. The promoter buying suggests confidence despite the earnings pressure.
Amanaya Ventures Ltd.
Latest quarter · Mar 2026
Strength & growth
Story so far
All notes on AMANAYA →- 7 Jul 2026 · 5:41 PM IST Amanaya promoters lift stake to 42.87% with open-market buys
- 46d ago Amanaya's revenue doubled. Its profit shrank.