Announced Tue, 16 Jun · 16:58 IST
Promoters increase stake via rights issue
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
-11.3%1-day move
₹17.14
prior close
₹17.22
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.1-3.3-2.0-5.9-11.3-12.5-10.2-11.4-12.0-18.3-19.8-16.6——
Up moveDown movePending
AI summary
Three promoter-directors of G S Auto International acquired shares through a rights issue on June 11, 2026. Harkirat Singh Ryait bought ~87.73 lakh shares (20.16%, ₹4.39 cr), Dalvinder Kaur Ryait bought 10 lakh shares (2.63%, ₹50 lakh), and Jasbir Singh Ryait bought ~41.98 lakh shares (10.97%, ₹2.10 cr). Total promoter acquisition value: ~₹6.99 crore.
Likely market impact
Promoter buying signals confidence in the company. However, a rights issue typically dilutes existing shareholders; check allotment ratio.