President of India sells 4.58 percent stake in Cochin Shipyard via OFS

Promoter Stake Sell 1pctOwnership Changes View source PDF Explain this filing

COCHINSHIP · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+0.6%Reaction day

₹1410.00

prior close

₹1420.90

announcement price

In-mkt

timing

Nifty Midcap 150market+1.4%-0.8% vs market

Industrial Manufacturing peers, median of 135sector · industry level+0.8%-0.2% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Midcap 150 and 0.2 pts less than its Industrial Manufacturing 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

-0.3

10m

-0.3

15m

-0.3

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.6+1.4-0.8+0.8-0.2

Next day

+0.1+1.4-1.2+0.8-0.7

-1.3+0.9-2.1-0.2-1.1

+0.1+1.3-1.2+0.4-0.2

-0.3+0.9-1.2+0.4-0.7

-0.5+0.5-1.0-0.6+0.1

-0.4+1.4-1.7-0.3-0.0

15d

+1.4+1.2+0.2-2.0+3.4

+6.5+2.7+3.8+0.2+6.4

+7.8+0.2+7.6+1.9+5.9

-12.6-5.4-7.2-2.3-10.3

UpDownMarket · Nifty Midcap 150Sector · Industrial Manufacturing peers, median of 135Pending

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

AI summary

The President of India, acting as promoter of Cochin Shipyard through the Ministry of Ports, sold 1,20,49,170 shares equal to 4.58 percent of paid up capital via an Offer for Sale on BSE and NSE on July 7 and 8, 2026. Base offer was 2.52 percent but the oversubscription option was exercised for another 2.52 percent, plus 26,308 shares to employees. Promoter holding reduced from 67.91 percent to 63.33 percent.

Likely market impact

Government sold 4.58 percent stake via OFS. Promoter holding drops from 67.91 to 63.33 percent. Increased supply may pressure stock near term.