Promoter encumbrance disclosure filed under SAST Reg 31(1)
GMRP&UI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 0.5 pts less than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
BSE received a disclosure from a promoter of GMR Power and Urban Infra Ltd explaining reasons for encumbrance of shares under SEBI SAST Regulations 2011. The filing is made under Reg 31(1) read with Reg 28(3) and is dated in June. Full details of the disclosure, including the quantum of encumbrance, are not available in the truncated source text.
Promoter encumbrance news can affect stock sentiment. Investors should track follow-up filings to gauge the size and nature of the pledge.