Announced Tue, 9 Jun · 22:01 IST

Enclosed

Promoter Stake Sell 1pctPromoter Below 50pctOwnership Changes View source PDF

Price

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▲ 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

-5.6%1-day move

₹0.36

prior close

₹0.37

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0-2.7+0.0+2.7-5.6-5.6-5.6-11.1-11.1-13.9-19.4-27.8——

Up moveDown movePending

AI summary

Promoter group member Bharathi Narendra Gala sold 20,00,000 equity shares (4.76% of the company) through an open market trade on BSE on June 8, 2026. Prior to the sale she held 3,42,42,010 shares (49.00%), and after the sale her holding dropped to 3,32,42,010 shares (44.90%). The transaction was disclosed to BSE on June 9, 2026 under Regulation 7(1)(b) of SEBI's Insider Trading Regulations. The sale was executed on the open market via BSE, not via any preferential or inter-se transfer route.

Likely market impact

A 4.76% open-market sale by a promoter group member is a significant negative signal and may weigh on short-term sentiment and the stock price. Post-transaction, the promoter's stake has slipped below the 50% mark (to 44.90%), reducing their controlling influence and possibly lowering the free-float stability for retail shareholders.