BFINVESTNSEBF Investment Limited· FinanceLowNeutral
Announced Wed, 25 Mar · 15:31 IST

BF Investment Limited has informed the Exchange about Disclosure received pursuant to Regulation 10(6) of SEBI (SAST) Regulations, 2011 as submitted by Acquirers post acquisition of shares by way of inter-se transfer amongst members of Promoter Group of the Company.

Ownership Changes View source PDF

BFINVEST · price

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Price reaction · full curve 14 horizons · vs prior close
-13.6%1-day move
₹364.50
prior close
₹362.05
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-0.8-1.0-1.1-13.6-6.4-3.5-2.6-2.3+5.1+18.4+15.5+11.1+22.8
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AI summary

BF Investment Limited has reported an inter-se transfer of 50,54,091 equity shares (13.42% of the company's share capital) among promoter group entities. KSL Holdings Pvt Ltd (seller) transferred the shares to two promoter group companies — Ajinkya Investment & Trading Company (25,54,091 shares) and Sundaram Trading and Investment Private Limited (25,00,000 shares) — at a price of around Rs. 358.20 per share (Rs. 395 with a +/- 15% band). Post-transaction, Ajinkya holds 34.10% and Sundaram holds 32.63%, while KSL's holding goes to zero. The total promoter and promoter group shareholding remains unchanged at 74.13% (2,79,22,726 shares) before and after the transaction, confirming this is a mere internal reallocation, not a change in promoter control.

Likely market impact

This is an internal reshuffle within the promoter group with no impact on total promoter ownership or public shareholding. Shareholders should view this as a neutral event — no change in control, no change in promoter percentage, and no impact on the free float or stock price is expected.