Promoter group cancels proposed share transfer within group

Ownership Changes View source PDF Explain this filing

ESTER · 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

-0.7%Reaction day

₹96.00

prior close

₹96.12

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-0.9% vs market

Packaging peers, median of 64sector+0.1%-0.8% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 0.8 pts less than its Packaging peers, 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

+0.2

10m

+0.3

15m

+0.3

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.7+0.3-0.9+0.1-0.8

Next day

-2.1+0.5-2.6-0.0-2.1

-0.3+0.1-0.4+0.6-0.9

-2.7+0.7-3.4-0.4-2.3

-3.4+0.4-3.9-0.3-3.1

-2.7+0.7-3.4-0.1-2.5

-2.6+0.1-2.7-0.7-1.9

15d

-6.8+1.5-8.2-1.1-5.6

-9.0+0.3-9.2-2.5-6.5

-6.3-6.2-0.1-6.3+0.0

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UpDownMarket · Nifty Microcap 250Sector · Packaging peers, median of 64Pending

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

AI summary

Ayush Vardhan Singhania, part of Ester Industries promoter group, has cancelled his earlier plan to acquire 37,97,468 equity shares (3.64 percent voting rights) from promoter Arvind Singhania. This internal promoter group transfer, originally disclosed on August 14, 2026 under SEBI Takeover Regulations, will not proceed due to unforeseen circumstances. Overall promoter holding in the company remains unchanged.

Likely market impact

Neutral for shareholders. No actual change in promoter shareholding since the planned internal transfer was called off.