HESTERBIOBSEHESTER BIOSCIENCES LTDMediumNeutral
Announced Sat, 25 Jul · 12:17 IST

NSE and BSE approve reclassification of Ravin and Bela Gandhi from Promoter to Public

Ownership Changes View source PDF

HESTERBIO · price

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▲ 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-day move
₹2355.10
prior close
₹2376.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+5.1+4.4
Up moveDown movePending
AI summary

Hester Biosciences has received No-Objection Certificates from both NSE and BSE for reclassifying Mr. Ravin Gandhi and Ms. Bela Gandhi from the Promoter Group to the Public category under Regulation 31A of SEBI LODR. The application was originally filed on 19 May 2026. Both exchanges granted their approval on 24 July 2026.

Likely market impact

The promoter group shrinks as these two individuals move to the public category, reducing the promoters' aggregate shareholding in the company.