Announced Wed, 5 Aug · 16:17 IST
Promoters acquire 16.66 lakh shares via preferential issue
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
+6.9%1-day move
₹52.40
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+6.9+6.7+10.4+4.9+3.1+18.3————
Up moveDown movePending
AI summary
Promoter group acquired 16,66,664 equity shares of Grovy India on August 4, 2026 via a preferential issue for cash. Combined holding rose to 1,14,01,917 shares. Promoter percentage fell from 73% to 65.13% due to overall share capital expansion.
Likely market impact
Promoters raise absolute stake but percentage falls due to share capital expansion. Signals confidence but dilutes existing shareholders.