Promoter Vipul Gilara transfers 16.98% stake via inter-se gift

Promoter Stake Sell 1pctOwnership Changes View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+0.4%Reaction day

₹391.55

prior close

₹394.50

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.7%+2.0% vs market

On the reaction day the stock moved 2.0 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+0.4-1.7+2.0

Next day

-2.3-4.2+2.0

-5.1-5.2+0.1

-9.2-7.4-1.8

-13.8-7.0-6.7

-10.6-5.5-5.2

-7.0-4.8-2.3

15d

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UpDownMarket · Nifty Microcap 250Pending

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AI summary

Promoter Vipul Gilara disclosed transfer of 77,78,430 shares (16.979% of paid-up equity) of Advit Jewels Ltd on October 16, 2026 under SEBI SAST Regulation 29(2). The transaction is an inter-se promoter transfer, off-market, in the nature of a gift. His holding drops from 1,57,48,920 shares (34.38%) to 79,70,490 shares (17.40%). Total share capital remains unchanged at about 45.81 crore equity shares of Rs 10 each.

Likely market impact

No change in total promoter stake or share capital since it is an internal promoter reshuffle; neutral for shareholders and stock price.