Promoter stake falls below 50 percent after preferential allotment

Promoter Below 50pctOwnership Changes View source PDF Explain this filing

DEEDEV · 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

+2.2%Reaction day

₹624.70

prior close

₹632.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+1.9% vs market

On the reaction day the stock moved 1.9 pts more than Nifty Microcap 250, 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

+0.0

10m

+0.1

15m

+0.5

30m

+0.8

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+2.2+0.4+1.9

Next day

+0.8+0.5+0.3

+1.3+0.6+0.7

+3.5+0.7+2.8

+5.2+1.1+4.1

+3.6+0.5+3.1

+3.4+1.3+2.1

15d

+3.0+0.5+2.5

-2.8-0.8-1.9

-1.8-0.9-0.9

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UpDownMarket · Nifty Microcap 250Pending

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

AI summary

DEE Development Engineers issued 59.76 lakh equity shares via preferential allotment. This diluted Chairman and MD Krishan Lalit Bansal's stake from 50.82 percent to 47.31 percent, a drop of over 3.5 percent. His absolute share count rose slightly to 3.56 crore shares. Total share capital grew from 6.93 crore to 7.52 crore equity shares.

Likely market impact

Promoter holding falls below 50 percent after share dilution, reducing his controlling stake. May affect future management decisions.