Announced Mon, 17 Aug · 19:08 IST
Siddharth Jain to acquire 30 percent stake in GFL via gift from Pavan Jain
GFLLIMITED · 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
+14.5%1-day move
₹49.97
prior close
₹49.97
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5-0.4-0.1—+14.5+12.9+11.9———————
Up moveDown movePending
AI summary
Promoter Mr. Siddharth Jain will acquire 3.29 crore shares (30% of capital) in GFL Limited from fellow promoter Mr. Pavan Jain on 24 August 2026 as a gift between immediate relatives. No cash consideration involved. Pavan Jain's stake drops from 42.16% to 12.16%. Transfer exempt from open offer under Regulation 10(1)(a)(i).
Likely market impact
Internal promoter family reshuffle via gift. No cash involved; total promoter holding unchanged. Neutral for stock price.