Announced Sat, 27 Jun · 16:17 IST
Non-promoter PACs sell 6.48% stake in Credent Global Finance via open market
Ownership Changes View source PDF
Price
▲ 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
+8.3%1-day move
₹30.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+8.3+16.3+26.0+26.7+17.6+10.0+12.8———
Up moveDown movePending
AI summary
Dilip Nanji Chheda and Nayna Dilip Chheda, acting as Persons Acting in Concert but not part of the promoter group, sold 39,85,517 shares of Credent Global Finance representing 6.48% of paid-up capital through open market between 23 and 25 June 2026. Their combined holding fell sharply from 6.84% (42,02,337 shares) to just 0.35% (2,16,820 shares). Filed under SEBI SAST Regulation 29(2). No encumbrance or pledge involved.
Likely market impact
Non-promoter PACs cut stake from 6.84% to 0.35% via open market. Large block disposal worth several crores at market price could weigh on stock sentiment.