Shanthi Gears Share Price Surges 10.2% to Rs 511.60 as Promoter Tube Investments Acquires 2.69% Stake for Rs 77.49 Crore from Pacific Assets Trust

SHANTIGEAR: Rs 511.60 (+10.2%). Tube Investments (promoter) bought 20.64L shares (2.69%) at Rs 375.30 = Rs 77.49 cr from Pacific Assets Trust. Vol: 10.7L+ shares. Aug 24, 2026.

Updated: 24 Aug 2026 • 10:16 am

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Shanthi Gears Share Price Surges 10.2% to Rs 511.60 as Promoter Tube Investments Acquires 2.69% Stake for Rs 77.49 Crore from Pacific Assets Trust

Quick Answer

Shanthi Gears share price surged 10.2% to Rs 511.60 on August 24, 2026, after promoter Tube Investments of India acquired 20.64 lakh shares representing a 2.69% stake from Pacific Assets Trust Plc at Rs 375.30 per share for Rs 77.49 crore. The acquisition price of Rs 375.30 is 27% below today's market price of Rs 511.60, reflecting the significant rally the news triggered. Volume surged to over 10.7 lakh shares against typical daily averages, confirming broad investor participation.

Table of Contents

Tube Investments Stake Acquisition in Shanthi Gears: Full Details

Tube Investments of India is the promoter of Shanthi Gears through the Murugappa Group. Promoter acquisition from a secondary institutional seller is among the most bullish corporate action signals a stock can receive.

Parameter	Detail
Buyer	Tube Investments of India (Promoter)
Seller	Pacific Assets Trust Plc
Shares Acquired	20.64 lakh (2.69% stake)
Acquisition Price	Rs 375.30 per share
Total Value	Rs 77.49 crore
Seller Prior Holding (Jun 2026)	22.21 lakh shares (2.9%)
Shanthi Gears CMP (24 Aug)	Rs 511.60 (+10.2%)

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Why Promoter Buying Is a Strong Signal for Shanthi Gears

When a promoter acquires shares from the secondary market, it is a direct statement of confidence in the company's intrinsic value. Tube Investments bought at Rs 375.30 per share, implying it assessed fair value at or above that level. The current market price of Rs 511.60 is 36% above the promoter's acquisition cost, reflecting how significantly the market reacted to this corporate action signal.

SEBI regulations require promoters to disclose any acquisition that changes their shareholding, and these disclosures are filed with BSE and NSE. Investors can track promoter holding changes across quarterly shareholding patterns on the exchanges.

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Shanthi Gears: Business Overview

Shanthi Gears is a manufacturer of industrial gears, gearboxes, and power transmission products serving cement, power, steel, and general engineering industries. It is a Murugappa Group company with Tube Investments as its promoter. With Tube Investments reinforcing its promoter position at a time when industrial capex in India is expanding, Shanthi Gears is positioned as a play on India's industrial and infrastructure growth theme.

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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Frequently Asked Questions

Why is Shanthi Gears share price up 10% today?

Ans. Shanthi Gears surged 10.2% to Rs 511.60 on August 24, 2026, after promoter Tube Investments of India acquired 20.64 lakh shares (2.69% stake) at Rs 375.30 from Pacific Assets Trust for Rs 77.49 crore. Promoter buying is a strong confidence signal.

What did Tube Investments buy in Shanthi Gears?

Ans. Tube Investments acquired 20.64 lakh shares (2.69% stake) from Pacific Assets Trust at Rs 375.30 per share for Rs 77.49 crore.

What is Shanthi Gears share price today?

Ans. Shanthi Gears was Rs 511.60 on August 24, 2026, up Rs 47.35 or 10.2%. Intraday high Rs 517.55. The promoter acquisition was at Rs 375.30, 27% below the current market price.

Who is Tube Investments of India?

Ans. Tube Investments is a Murugappa Group company and the promoter of Shanthi Gears. The Murugappa Group is a diversified Indian conglomerate with interests in engineering, finance, and agri products.

What is Pacific Assets Trust Plc?

Ans. Pacific Assets Trust Plc is a UK-based investment trust investing in Asian equities. It held 22.21 lakh shares (2.9%) in Shanthi Gears as of June 2026. This sale represents a near-complete exit.

What is Shanthi Gears' business?

Ans. Shanthi Gears manufactures industrial gears and gearboxes for cement, power, steel, and general engineering industries. It is part of the Murugappa Group.