Flock blog
Reading regulatory filings, sourced and dated.
Plain-English guides to the public filings Flock tracks: 13F reports, NSE and BSE shareholding patterns, bulk and block deals, and FII/DII flows. Every claim links to its source. Research, not advice.
NSDL FPI data vs NSE FII data: why they differ
NSDL FPI data vs NSE FII data: the exchange figure is provisional, same day; NSDL's is custodian-confirmed and dated a day later. The 28 September 2026 figures.
NSE Bulk Deals Historical Data: How to Download It
NSE bulk deals historical data comes from a date-range report, not the day file. What a one-year pull held on 23 September 2026, and its CSV traps. Not advice.
Promoter holding freeze during a buyback
The promoter holding freeze during a buyback locks promoter shares at ISIN level from the buyback resolution until the offer closes, since 1 August 2026.
Penalty for non-submission of shareholding pattern
The penalty for non-submission of shareholding pattern is Rs 2,000 a day, then a freeze of the promoters' demat holdings. The escalation ladder, dated.
Open Offer Price Calculation: SAST Regulation 8
How the open offer price calculation works under SEBI Regulation 8: the six price parameters, the 60 trading day VWAP, and the post offer top up rule.
Manager to the Open Offer: SAST Regulations 12 and 27
Who the manager to the open offer is under SEBI's Takeover Code, why an acquirer must appoint one before the announcement, and the seven duties it carries.
Open Offer Timeline: Every SEBI Deadline, in Order
The open offer timeline under SEBI's Takeover Code, step by step: public announcement, detailed public statement, draft letter of offer, tendering, payment.
Committee of Independent Directors in an Open Offer
The committee of independent directors in an open offer must publish reasoned recommendations and its voting pattern two working days before tendering opens.
Open Offer Mode of Payment: SAST Regulation 9
The open offer mode of payment under SEBI Regulation 9: cash, listed shares or rated debt, the cash option rule, and the six tests securities must clear.
BSE Bulk Deals: What BSE Publishes and When
BSE bulk deals explained: the 0.5 percent threshold is measured per exchange, so the BSE tape and the NSE tape can disagree on the same trade. Not advice.
Screener vs Trendlyne: A Factual Comparison
Screener vs Trendlyne: what each Indian stock research tool says it does, what each plan costs, and how to judge either on sourcing and freshness. Not advice.
What Is a Competing Offer Under the Takeover Code?
Under SEBI's Takeover Code a competing offer is a rival bid any other person may announce within 15 working days of the first detailed public statement.
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