Announced Wed, 24 Jun · 14:47 IST

Promoter Balkrishna Salunkhe receives 4.55L shares as gift from brother

Ownership Changes View source PDF

JARO · 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
-8.3%1-day move
₹557.30
prior close
₹534.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.0-0.3-0.8-8.3-10.1-10.5-9.9-6.2-7.9-10.5-14.8
Up moveDown movePending
AI summary

Promoter Mr. Balkrishna Namdeo Salunkhe received 4,55,098 equity shares (2.04 percent of paid-up capital) as gift from his brother Mr. Rajendra Namdeo Salunkhe on June 9, 2026. This is an inter-se transfer among immediate relatives (brothers), exempt under Regulation 10(1)(a)(i) of SEBI Takeover Rules with no open offer triggered. Balkrishna's individual stake rose from 2.05 percent (4,57,098 shares) to 4.10 percent (9,12,196 shares); Rajendra's holding dropped to zero. No consideration was involved. Aggregate promoter and promoter group holding remains unchanged at the same level.

Likely market impact

Internal promoter family reshuffle via gift. Total promoter group stake unchanged, no change in control. Neutral for shareholders.