Announced Sat, 12 Sept, 2026 · 11:32 IST
Granules India promoter Krishna Prasad Chigurupati sells 1.72 cr shares in block deal
GRANULES · 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
-6.4%1-day move
₹913.80
prior close
₹917.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5-0.9-2.3-3.0-6.4-4.7-4.2-4.5-5.7-6.8-7.4———
Up moveDown movePending
AI summary
Promoter Krishna Prasad Chigurupati sold 1.72 crore shares equal to 6.94 percent of equity of Granules India on September 11, 2026 via a block deal. His stake fell from 31 percent to 24.06 percent of share capital. Buyers included marquee institutional investors like Capital Group, Kotak Mahindra Life Insurance, ChrysCapital, and Allspring.
Likely market impact
Promoter stake cut may pressure stock near term, though marquee institutional buying signals long term confidence.