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BSEiStreet Network Ltd· IT - ServicesHighNegative
Announced Mon, 22 Sept, 2025 · 11:06 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Inovent Solutions Ltd

Promoter Stake Sell 1pctOwnership Changes View source PDFExplain this filing

Price

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▲ 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
+5.0%Reaction day
₹16.03
prior close
₹16.83
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.7%+5.7% vs market
IT Enabled Services peers, median of 68sector-1.0%+6.0% vs sector

On the reaction day the stock moved 5.7 pts more than Nifty Microcap 250 and 6.0 pts more than its IT Enabled Services 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
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Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+5.0-0.7+5.7-1.0+6.0
Next day
+10.2-1.0+11.3-1.1+11.3
2d
+15.7-1.4+17.1-2.1+17.8
3d
+21.5-2.4+23.9-3.4+24.9
4d
+27.5-4.5+32.0-4.3+31.8
5d
+33.8-5.3+39.1-5.0+38.8
1w
+47.5-4.3+51.8-4.0+51.5
15d
+116.8-4.6+121.5-5.6+122.5
1m
+190.4-2.2+192.5-2.2+192.6
2m
+169.0-5.6+174.6-8.3+177.3
3m
+181.3-6.6+188.0-8.5+189.9
UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 68Pending

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

AI summary

Inovent Solutions Ltd, part of the promoter group of iStreet Network Ltd, has sold 42,50,000 equity shares (19.95% of the company's share capital) through an off-market transaction under a Share Purchase Agreement dated January 13, 2025. The sale was completed on September 16, 2025, reducing Inovent Solutions' holding from 70,75,525 shares (33.22%) to 28,25,525 shares (13.27%). The company has a total equity share capital of 2,13,00,000 shares of Rs. 4 each. The disclosure was filed under SEBI (SAST) Regulations 2011 and Insider Trading Regulations 2015.

Likely market impact

This is a major promoter group exit, with nearly one-fifth of the company changing hands in a single off-market deal. Shareholders should note that promoter group control has significantly weakened, dropping from 33.22% to 13.27%, which may affect governance and future strategic decisions. The off-market nature means the price and buyer identity are not publicly disclosed in this filing.