Promoter group relative receives 4.35 lakh shares as gift

Ownership Changes View source PDF Explain this filing

GEEKAYWIRE · 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

+1.3%Reaction day

₹22.30

prior close

₹22.41

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+1.0% vs market

Iron & Steel Products peers, median of 108sector+0.5%+0.8% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty Microcap 250 and 0.8 pts more than its Iron & Steel Products 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

+0.9

10m

-0.0

15m

+1.0

30m

+1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.3+0.3+1.0+0.5+0.8

Next day

+0.7+0.5+0.2+0.7+0.0

+2.0+0.1+1.9+0.7+1.3

+3.5+0.7+2.9+0.7+2.8

+3.1+0.4+2.7+0.9+2.3

+9.6+0.7+8.9+1.9+7.8

+30.0+0.1+30.0+1.4+28.7

15d

+24.7+1.5+23.2+2.0+22.6

+37.7+0.3+37.4+0.7+37.0

+30.0-6.2+36.2-4.3+34.3

—————

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 108Pending

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

AI summary

Mr. Subhash Chander, immediate relative of a Director and promoter group member, received 4,35,000 shares of Geekay Wires as a gift. The company disclosed this under SEBI Insider Trading rules via Form C. No cash transaction is involved.

Likely market impact

Internal promoter family reshuffle via gift transfer. No change in overall promoter holding and no cash impact for the company.