ESTERNSEEster Industries Limited· PackagingMediumNeutral
Announced Tue, 24 Mar · 16:58 IST

Fenton Investment Private Ltd has submitted to  the Exchange a copy of Cancellation of Proposed Inter-ser transfer of shares between the promoter group.

Ownership Changes View source PDF

ESTER · 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
-15.3%1-day move
₹92.00
prior close
₹91.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.0+2.4+2.7+2.7-15.3-22.8-9.8-13.1-10.9-6.0-1.1+0.5+3.8-2.3
Up moveDown movePending
AI summary

Fenton Investments Private Limited, a member of the Ester Industries promoter group, has informed the exchanges that a proposed inter-se transfer of 84,000 equity shares (0.08% voting rights) from Mr. Ayush Vardhan Singhania (also promoter group) will not be executed due to unforeseen circumstances. The transfer, originally intimated on 18th March 2026 under SEBI Takeover Regulations, now stands cancelled. Since this was an inter-se transfer between promoter group entities, the overall promoter shareholding in the company remains unchanged. The cancelled transaction was very small in size at just 0.08% of voting rights.

Likely market impact

Neutral for shareholders — this is merely the cancellation of a previously proposed but not-yet-executed internal reshuffle within the promoter group, with no change in total promoter ownership or any impact on minority shareholders.