Carborundum Universal Limited has informed the Exchange regarding Intimation under regulation 30 Read with regulation 31(A)(8) of SEBI Listing Regulation following receipt of request for De-classification from promoter

Ownership Changes View source PDF Explain this filing

CARBORUNIV · price

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Price reactionminutes from the announcement price · days from the prior close

+3.0%Reaction day

₹905.50

prior close

₹914.30

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+1.4%+1.6% vs market

Abrasives & Bearings peers, median of 5sector+1.5%+1.5% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty Smallcap 250 and 1.5 pts more than its Abrasives & Bearings 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

-0.4

10m

-0.3

15m

-0.1

30m

-0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.0+1.4+1.6+1.5+1.5

Next day

+4.2+2.0+2.1+1.5+2.7

+4.4+2.9+1.5+1.8+2.6

+4.4+2.2+2.2+1.5+2.9

+4.4+2.4+2.0+1.1+3.3

+6.9+2.6+4.3+0.9+6.0

+8.9+3.6+5.3+4.4+4.5

15d

+5.7+5.1+0.6+5.1+0.6

+1.7+2.2-0.5+3.9-2.2

+0.5+5.6-5.1+6.3-5.9

-1.9+1.6-3.5-0.1-1.9

UpDownMarket · Nifty Smallcap 250Sector · Abrasives & Bearings peers, median of 5Pending

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

AI summary

Coromandel Engineering Company Limited (CECL), currently classified as part of Carborundum Universal's Promoter Group, has requested to be removed from this category under SEBI Regulation 31A(8). CECL holds nil equity shares in the company. The request stems from a change in control of CECL on 29 December 2023, when the Murugappa Group sellers divested their entire shareholding in CECL under a Share Purchase Agreement executed on 29 September 2023. The request will be placed before CUMI's Board of Directors, and thereafter stock exchange approvals from NSE and BSE will be sought.

Likely market impact

This is a procedural housekeeping matter with no impact on actual shareholding, as CECL already holds zero shares. The effective promoter shareholding of CUMI remains unchanged and there is no material effect on the stock price or shareholder rights.