Announced Fri, 10 Jul · 20:02 IST
Promoter Shalin Sheth receives 9.14 percent stake as gift from spouse
ADVAIT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.2%1-day move
₹2206.70
prior close
₹2185.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+0.5+0.7+0.7-3.2-3.9-4.0-5.3+1.8+4.1————
Up moveDown movePending
AI summary
Promoter Mr. Shalin Sheth received 10,00,000 shares (9.14% of paid-up capital) as a gift from his spouse Ms. Rejal Sheth on June 16, 2026. His stake rose from 51.20% to 60.34%, while Rejal Sheth's fell from 14.88% to 5.74%. Off-market inter-se transfer exempt under SEBI SAST Regulation 10(1)(a)(ii), no consideration involved. Aggregate promoter group holding remains unchanged.
Likely market impact
Internal reshuffle among promoters via gift transfer; aggregate promoter group holding unchanged. No cash transaction, so no direct price impact expected.