Announced Wed, 24 Jun · 17:36 IST
Promoter parents gift full 62.89% stake to son at Jamshri Realty
Price
▲ 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
-1.1%1-day move
₹79.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.1-1.1+3.2+0.0+1.3-0.4+0.0-3.1——
Up moveDown movePending
AI summary
Promoters Premratan Damani (18.53%) and Bimladevi Damani (44.36%) are gifting their entire 43,93,960 shares (62.89%) of Jamshri Realty to their son Rajesh Damani via an off-market transfer with no consideration. The deal falls under SEBI Reg 10(1)(a), exempting it from open offer rules as it is between immediate family members. After the transfer, Rajesh holds 62.89% while his parents exit completely.
Likely market impact
Family reshuffle, not a market deal. Total promoter holding stays the same; just moved within the family. No open offer triggered.