Promoter group relative receives 9.63 lakh shares as gift

Promoter Stake BuyOwnership 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

+0.4%Reaction day

₹25.90

prior close

₹26.41

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+0.1% vs market

Iron & Steel Products peers, median of 96sector+0.1%+0.3% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250 and 0.3 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

-1.5

10m

-1.4

15m

-0.8

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.4+0.3+0.1+0.1+0.3

Next day

+1.1-1.1+2.3-0.7+1.8

+3.3-1.3+4.6-0.8+4.0

-1.9-1.1-0.8-1.2-0.8

-1.5-2.4+0.9-1.7+0.2

-1.7-2.2+0.5-1.2-0.5

-3.8-3.0-0.8-1.6-2.2

15d

-19.1-7.5-11.6-7.0-12.1

-19.7-7.4-12.2-7.1-12.5

+10.4+1.9+8.5+2.8+7.6

-5.5+3.6-9.1+2.1-7.6

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 96Pending

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

AI summary

Geekay Wires informed NSE that Mrs. Renu Kandoi, an immediate relative of the Director and Promoter group, has received 9,63,000 shares as a gift. The disclosure was made under SEBI LODR Regulation 30. This is an internal transfer within the promoter family and does not involve an open market purchase.

Likely market impact

Internal promoter group reshuffle; shares stay within promoter family, no change in public float or share price likely.