Fine Organic: Promoter inter-se transfer of 1% shares via HUF partition
FINEORG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.1 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Promoter Jayen Ramesh Shah acquired 3,06,978 equity shares (1% of capital) from Jayen R Shah HUF through an inter-se transfer following partition of the HUF. No consideration was paid. His personal stake rose from 16.04% to 17.04%, while total promoter group holding stayed unchanged at 75%. Transaction exempted from open offer under Regulation 10(1)(a)(ii).
Internal promoter family reshuffle; no change in total promoter stake, no open offer triggered, neutral for minority shareholders.