Promoter seeks reclassification to public shareholder category

Ownership Changes View source PDF Explain this filing

GUJENERGY · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.4%Reaction day

₹275.00

prior close

₹277.75

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+0.9% vs market

LPG/CNG/PNG/LNG Supplier peers, median of 6sector-1.0%+2.3% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250 and 2.3 pts more than its LPG/CNG/PNG/LNG Supplier peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.7

10m

+0.3

15m

+0.0

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.4+0.4+0.9-1.0+2.3

Next day

-0.9+1.7-2.7-1.1+0.2

+0.3+2.1-1.7-1.1+1.4

-3.1+2.1-5.2-2.1-1.0

-3.3+2.1-5.4-1.0-2.3

-0.4+1.9-2.3-1.1+0.7

+3.5+2.4+1.1-1.8+5.4

15d

-6.7+3.0-9.7-2.3-4.3

-4.3+3.7-8.1-0.1-4.2

-15.7+1.6-17.2-4.3-11.3

—————

UpDownMarket · Nifty Microcap 250Sector · LPG/CNG/PNG/LNG Supplier peers, median of 6Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Gujarat Energy Limited has received a request from one of its promoters to be reclassified as a non-promoter (public) shareholder under Regulation 31A of SEBI Listing Regulations. Reclassification would remove the applicant from the promoter group. No change in actual share ownership is involved at this stage, and the request is pending review and approval by the exchanges and other promoters.

Likely market impact

Promoter wants to exit the promoter category; may reduce perceived control though no change in actual ownership yet. Pending approval.