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Stake & pledge confluence SAST Reg 29 + Reg 31/32 · as of 2026-10-01 · broadcast-date anchored · descriptive, not advice
Substantial-holder stake moves crossed with promoter pledge FLOW — the board shows names where both fired inside 90 days, labelled by SHAPE: constructive (stake added while encumbrance falls/holds) · distress (invocation, or selling into rising pledge) · mixed. All magnitudes in % of equity, never share counts. A shape describes a crossing that already happened — the footprint study proved there is NO pre-public window to detect (SEBI T+2), and the arc/velocity studies (E-04/E-05) are pre-registered and pending, so nothing here predicts. Source: NSE's SAST disclosure feeds; every tape row links (⇗) to the filed document on the NSE archive. glossary →
Bottom lineNames where a big shareholder's stake move and a promoter-pledge change both fired inside 90 days — labelled constructive (stake up while pledge falls) or distress (selling into rising pledge). A crossing that already happened — descriptive, not advice.