Announced Fri, 19 Jun · 15:07 IST
Promoter change at JMA: shares transmitted within promoter family
Ownership Changes View source PDF
JMA · 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
-4.8%1-day move
₹96.80
prior close
₹94.44
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5-0.5-1.4—-4.8-4.9-5.5-5.5-7.0-9.2-7.0-8.5——
Up moveDown movePending
AI summary
Following the demise of promoter Smt. Santosh Sondhi, her shares were transmitted to her only daughter Smt. Shuchi Arora, who is already a promoter and director. Total promoter and promoter group holding remains unchanged at 51.00 percent (1,16,49,038 shares). Shuchi Arora now holds 39.73 percent, while the other promoter family members' stakes are unchanged.
Likely market impact
No change in total promoter holding. This is a routine family succession within the promoter group, so minimal impact on the stock is expected.