Announced Mon, 27 Jul · 19:54 IST
Fairplan Distributors cuts 2% stake in Advik Capital, holding down to 21.74%
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
-3.8%1-day move
₹1.31
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-3.8-4.6-0.8+0.0-3.1-4.6————
Up moveDown movePending
AI summary
Fairplan Distributors Pvt Ltd, a non-promoter entity, disclosed a 2% change in its holding in Advik Capital Limited under SEBI SAST Reg 29(2). Stake fell from 23.74% (14,44,63,982 shares) to 21.74% (13,22,93,544 shares), a sale of 1,21,70,438 shares via open market between June 12 and July 24, 2026. No encumbrance involved.
Likely market impact
Non-promoter trimming stake by 2% in open market may signal weaker confidence and could weigh on the stock in the near term.