Announced Thu, 3 Sept, 2026 · 17:12 IST
MPG Family Trust acquires 6.98% in Bharat Rasayan via promoter gift
BHARATRAS · 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
-2.0%1-day move
₹1188.00
prior close
₹1190.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6+1.1+0.9+0.6-2.0-1.5-1.9-0.8-2.7-2.6-11.6-17.5——
Up moveDown movePending
AI summary
MPG Family Trust acquired 11,59,673 shares (6.98%) of Bharat Rasayan via off-market gift from promoter Mahabir Prasad Gupta. SEBI exempted the trust from open offer rules under Reg 3(2) and 4 of SAST Regulations. This is part of succession planning to streamline promoter family assets. Promoter Mahabir Prasad Gupta's stake dropped from 9.97% to 2.99%. Total promoter group holding remains 17.25%.
Likely market impact
Internal promoter family restructuring via gift transfer. No change in total promoter holding (17.25%). Neutral for minority shareholders; pure succession planning.