Purnima Desai has informed the Exchange about an announcement with respect to offer for sale through Stock Exchange Mechanism for sale upto 89,79,173 Equity shares of face value of INR 10/- each of Aether Industries Limited. Date and time of the opening of the offer for Non-Retail Investors: May 13, 2025 at 9:15 a.m.; Date and time of the closing of the offer for Non-Retail Investors: May 13, 2025 at 3:30 p.m.; Date and time of the opening of the offer for Retail Investors: May 14, 2025 at 9:15 a.m.; Date and time of the closing of the offer for Retail Investors: May 14, 2025 at 3:30 p.m. The Sale shall continue to take place on a separate window of the Stock Exchanges commencing at 9:15 a.m. and shall close at 3:30 p.m. (Indian Standard Time) on the same date. The Floor Price for the Offer shall be INR 700/- (Rupees Seven Hundred Only)

Capital Market Events View source PDF Explain this filing

AETHER · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-5.3%Reaction day

₹806.00

prior close

₹765.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+1.6%-7.0% vs market

Specialty Chemicals peers, median of 84sector+0.8%-6.1% vs sector

On the reaction day the stock moved 7.0 pts less than Nifty Microcap 250 and 6.1 pts less than its Specialty Chemicals peers, 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

+0.5

10m

+0.0

15m

-0.1

30m

+0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.3+1.6-7.0+0.8-6.1

Next day

-7.3+3.3-10.5+2.1-9.4

-6.6+4.3-10.9+3.7-10.3

-7.3+5.1-12.4+3.2-10.6

-7.9+6.4-14.3+4.8-12.7

-8.9+5.2-14.2+4.2-13.1

-7.8+5.9-13.8+4.7-12.5

15d

-7.6+8.0-15.6+5.1-12.7

-1.9+9.8-11.7+7.8-9.6

-4.0+11.8-15.7+9.4-13.4

-6.7+7.2-13.9+3.4-10.1

UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 84Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Aether Industries promoter Purnima Desai is selling up to 89,79,173 equity shares (6.77% of the company's paid-up share capital) of face value ₹10 each through the stock exchange OFS route. The floor price has been set at ₹700 per share, with no retail discount or green shoe option. The bidding will happen in two sessions: non-Retail Investors can bid on May 13, 2025 (9:15 AM to 3:30 PM), and Retail Investors on May 14, 2025 (9:15 AM to 3:30 PM). DAM Capital Advisors is the lead seller's broker, with JM Financial and UBS Securities also appointed. The purpose of the OFS is to help the company meet the minimum public shareholding requirement mandated under SEBI rules and the Securities Contracts (Regulation) Rules.

Likely market impact

The OFS will increase the supply of Aether Industries shares in the market, which could create short-term price pressure. However, the ₹700 floor price acts as a safety net for buyers, and the sale is driven by regulatory compliance (minimum public shareholding) rather than promoter pessimism, which somewhat tempers the negative signal.