Director Mohit K Chheda and PACs sell 3.11% stake in open market

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

+5.2%Reaction day

₹29.00

prior close

₹29.12

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.7%+5.9% vs market

Non Banking Financial Company (NBFC) peers, median of 220sector-0.5%+5.7% vs sector

On the reaction day the stock moved 5.9 pts more than Nifty Microcap 250 and 5.7 pts more than its Non Banking Financial Company (NBFC) 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

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.2-0.7+5.9-0.5+5.7

Next day

+2.8-0.8+3.6-0.7+3.5

+3.4-1.4+4.9-1.1+4.5

+2.9-1.7+4.6-1.2+4.2

+12.0-0.7+12.7-1.6+13.6

+20.3-0.5+20.9-1.1+21.4

+31.0+0.0+31.0-0.6+31.6

15d

+16.7+0.5+16.2-1.3+18.0

+11.0-1.9+13.0-1.6+12.6

+0.0+4.3-4.3-0.9+0.9

+20.3+5.8+14.5-2.4+22.7

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 220Pending

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

AI summary

Director Mohit K Chheda along with PACs Dilip Nanji Chheda and Laxmi Trading and Investment Partnership sold 19,10,000 shares, equal to 3.11% of paid-up capital, through open market between June 19 and 22, 2026. Combined holding fell from 9.95% to 6.84%. The filing clarifies sellers do not belong to promoter group. Disclosed under SEBI SAST Regulation 29(2).

Likely market impact

Non-promoter director-led stake sale of over 3% may create short-term negative sentiment on the stock.