Announced Thu, 20 Aug · 15:46 IST
Promoter group entity sells entire 9.83 percent stake in Gyan Developers via off-market deal
Promoter Stake Sell 1pctCreeping Acquisition Near ThresholdOwnership Changes View source PDFExplain this filing
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Promoter group entity T Ashok Raj HUF sold its entire holding of 2,95,000 equity shares, equal to 9.83 percent of paid-up capital, of Gyan Developers and Builders Ltd to Arham Global Consulting Pvt Ltd through an off-market transfer on 18 Aug 2026. Arham Global is not part of the promoter group. The company's share capital remains Rs. 3 crore (30 lakh equity shares of Rs 10 each). After this sale the promoter HUF holds nothing in the company.
Likely market impact
Promoter group exits fully through a private block deal. Acquirer is non-promoter, so watch for further buildup near takeover thresholds.