Promoter cuts stake from 7.97% to 0.27% via OFS

Promoter Stake Sell 1pctPromoter Below 50pctOwnership Changes View source PDF

BOSCH-HCIL · price

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▲ 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

-0.4%1-day move

₹1361.90

prior close

₹1388.30

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0-0.1-0.2-0.0-0.4-1.3+0.9-0.1-1.0-0.5-2.2-2.1——

Up moveDown movePending

AI summary

Bosch Global Software Technologies (Promoter) sold 20,92,440 shares (about 7.70% of paid-up capital) through an Offer for Sale on BSE and NSE. Floor price was Rs 1,150; retail cutoff was Rs 1,377. Total proceeds about Rs 288.6 crore (gross). Promoter holding dropped from 7.97% to 0.27%.

Likely market impact

Sharp promoter exit via OFS may pressure the stock short-term. Promoter retaining just 0.27% could raise long-term governance questions.