Promoters plan up to 3% stake sale and 10% pledge over 12 months
INFOBEAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 10.7 pts more than Nifty Microcap 250 and 10.8 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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InfoBeans said its promoters are considering selling up to 3% of total issued equity and/or pledging up to 10% over the next 12 months to meet family needs. No transaction has been completed, and further details will be disclosed when required.
A possible promoter sale may add selling pressure, while a pledge could add financing risk. Neither has happened yet.