Announced Mon, 29 Jun · 12:35 IST
Promoter Maninder Singh sells 2.65% stake in GNA Axles via open market
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
₹431.20
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3——-0.1+1.5+1.7+7.6+7.1+8.3+5.7+17.9———
Up moveDown movePending
AI summary
Maninder Singh, part of the promoter group of GNA Axles, sold 11,35,767 shares (2.65% of equity) on the open market between June 18 and June 24, 2026. His individual holding in the company has dropped from 10.6 percent (45,49,426 shares) to 7.95 percent (34,13,659 shares). The disclosure under SEBI takeover regulations was filed on June 26, 2026.
Likely market impact
Open market sale by a promoter can weigh on stock price and may signal reduced confidence; watch for further disclosures.