GQG Partners cuts ITC stake by 0.32% via open market sale

Fii Holding DeclinedOwnership Changes View source PDF Explain this filing

ITC · 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

-0.5%Reaction day

₹265.35

prior close

₹265.95

announcement price

In-mkt

timing

Nifty 100market-0.8%+0.3% vs market

Fast Moving Consumer Goods peers, median of 304sector · sector level-0.1%-0.4% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty 100 and 0.4 pts less than its Fast Moving Consumer Goods 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

-0.1

10m

-0.2

15m

-0.4

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.5-0.8+0.3-0.1-0.4

Next day

-3.9-2.6-1.3-1.6-2.3

+0.2-1.4+1.6-1.7+1.9

-2.8-1.9-0.9-1.4-1.4

-1.6-0.5-1.1-0.7-0.9

-1.5-0.8-0.6+0.1-1.6

-0.7+1.1-1.7-0.8+0.1

15d

—————

UpDownMarket · Nifty 100Sector · Fast Moving Consumer Goods peers, median of 304Pending

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

AI summary

GQG Partners LLC and its Persons Acting in Concert sold 39,685,790 ITC shares (0.32% of share capital) through open market transactions on October 5, 2026. Their aggregate holding fell from 3.48% (436,495,855 shares) to 3.17% (396,810,065 shares). This is part of multiple transactions since May 28, 2025, with cumulative change exceeding 2%. Disclosure filed under SEBI Takeover Code Regulation 29(2).

Likely market impact

Foreign investor GQG trimmed ITC holding by 0.32%; part of larger 2% cumulative shift since May 2025; mild negative sentiment signal