BSECOVANCE SOFTSOL LIMITED· IT - SoftwareHighNeutral
Announced Mon, 31 Aug, 2026 · 16:14 IST

Promoter gifts 0.8 percent stake to family member; holding now 43.85 percent

Promoter Below 50pctOwnership Changes View source PDFExplain this filing

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
+2.1%Reaction day
₹149.85
prior close
₹143.60
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-1.0%+3.1% vs market
Computers - Software & Consulting peers, median of 66sector+0.0%+2.1% vs sector

On the reaction day the stock moved 3.1 pts more than Nifty Microcap 250 and 2.1 pts more than its Computers - Software & Consulting 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
5m
-0.8
10m
-0.8
15m
-0.8
30m
-0.8
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+2.1-1.0+3.1+0.0+2.1
Next day
-6.1-1.5-4.6-0.5-5.6
2d
-1.1-0.9-0.2-0.1-1.0
3d
+3.8-0.3+4.1-0.5+4.4
4d
+9.0+0.1+8.9-2.2+11.2
5d
+8.1+0.7+7.4-2.7+10.8
1w
-1.2+0.3-1.5-4.4+3.2
15d
+2.1+1.0+1.1-4.4+6.5
1m
+4.7-2.4+7.1-7.9+12.6
2m
—————
3m
—————
UpDownMarket · Nifty Microcap 250Sector · Computers - Software & Consulting peers, median of 66Pending

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

AI summary

Promoter Durga V L K Madala transferred 1,77,600 equity shares (about 0.8 percent) of Covance Softsol to her immediate relative as a gift on August 28, 2026. After the transfer, her holding stands at 97,11,408 shares, or 43.85 percent of paid-up capital. The transfer is within the promoter group, so total promoter holding remains unchanged.

Likely market impact

Internal promoter reshuffle; no change in overall promoter group stake. Promoter holding below 50 percent threshold stays.