Announced Fri, 14 Aug · 12:30 IST
Promoter Ayush Vardhan Singhania to acquire 3.64% shares by gift from father
ESTER · 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
-2.4%1-day move
₹101.00
prior close
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base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-2.4-4.2-4.5-5.0-5.6—————
Up moveDown movePending
AI summary
Ayush Vardhan Singhania, part of the promoter group, will acquire 37,97,468 equity shares (3.64% of voting rights) from his father Arvind Singhania by way of gift. The transfer is an inter-se promoter transfer exempt from open offer under SEBI Takeover Regulations. Acquirer's stake rises from 0.90% to 4.54%. Total promoter group holding remains unchanged at 62.32%.
Likely market impact
Internal promoter family restructuring via gift. No cash transaction. Total promoter group holding unchanged at 62.32%. Neutral for shareholders.