Promoter group member Mrinaal Mittal sells 2.99% stake in Bansal Wire

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

BANSALWIRE · price

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▲ 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

+1.5%Reaction day

₹335.00

prior close

₹334.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%+0.5% vs market

Iron & Steel Products peers, median of 101sector-0.0%+1.5% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 1.5 pts more than its Iron & Steel Products 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

+1.9

10m

+1.7

15m

+2.0

30m

+2.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.5+1.0+0.5-0.0+1.5

Next day

+5.7+1.2+4.5-0.5+6.2

+2.4+2.1+0.4+0.3+2.2

+8.2+1.7+6.5+0.6+7.6

+8.1+1.9+6.1+0.1+7.9

+5.9+1.2+4.7-0.3+6.2

-2.4+1.1-3.5-1.8-0.6

15d

+1.0+1.6-0.6-2.2+3.2

-5.4+0.1-5.5-2.8-2.5

-6.0+6.6-12.6+1.0-7.0

-3.4+5.5-8.9-2.0-1.5

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 101Pending

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

AI summary

Mrinaal Mittal, a member of the promoter group, sold 46,82,916 equity shares of Bansal Wire Industries through an on-market transaction on NSE on June 25, 2026. This represents 2.99% of the paid-up share capital, with gross consideration of about Rs. 21.44 crores. His holding fell from 4.07% (63.7 lakh shares) to 1.08% (16.87 lakh shares). The disclosure was filed under SEBI insider trading regulations.

Likely market impact

On-market sale of nearly 3% by promoter group may weigh on investor sentiment and pressure the stock in the near term.