Announced Sat, 27 Jun · 11:46 IST
Promoter Maninder Singh sells 11.35 lakh shares, stake drops to 7.95%
GNA · 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
+1.5%1-day move
₹435.00
prior close
₹437.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.3-2.5-2.5-1.1+1.5+1.7+7.6+7.1+8.3+5.7+17.9———
Up moveDown movePending
AI summary
Mr. Maninder Singh Seehra, part of the promoter group and Executive Director of GNA Axles, sold 11,35,767 equity shares through a market sale between June 18 and June 24, 2026, for about Rs 48.5 crore. His individual stake in the company fell from 10.60 percent to 7.95 percent, a reduction of 2.65 percentage points. The disclosure was filed under SEBI insider trading and substantial acquisition regulations.
Likely market impact
Promoter selling can dent sentiment and pressure the stock near term. Watch for further disclosures from the promoter group.