Announced Mon, 22 Jun · 18:20 IST
DMart: Promoter Group member requests reclassification to Public category
Ownership Changes View source PDF
DMART · 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
+0.2%1-day move
₹4325.30
prior close
₹4311.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4+0.1+0.1+0.8+0.2-0.6+0.4+1.2-0.4-7.8-9.1-6.5——
Up moveDown movePending
AI summary
Avenue Supermarts (DMart) has received a request from a Promoter Group entity to be reclassified under the Public category under SEBI LODR Regulation 31A. Such reclassifications are typically sought when the entity no longer exercises control or significant influence over the company. The request is now pending stock exchange and other necessary approvals.
Likely market impact
May reduce effective promoter group shareholding; could precede share sales by the reclassified entity. Watch for further updates on approval.