Announced Mon, 22 Jun · 14:37 IST
Promoter VR Venkataachalam to acquire 74600 shares via gift from son
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
—1-day move
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prior close
₹351.50
base price
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AI summary
VR Venkataachalam, Promoter of Binny Mills, will acquire 74,600 equity shares (2.89% of paid-up capital) from V Sengutuvan, another Promoter and his son, via off-market gift on or after 26 June 2026. His stake rises from 59.62% to 62.51%; V Sengutuvan's drops from 2.89% to 0%. No cash transaction, exempt under Reg 10(1)(a) of SEBI SAST.
Likely market impact
No cash deal; promoter family reshuffle, consolidated promoter holding rises to 62.51%. Neutral for minority shareholders.