Announced Fri, 19 Jun · 16:15 IST
Promoter Shuchi Arora stake rises to 39.73% via share transmission
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
-0.5%1-day move
₹92.50
prior close
₹92.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.8+0.7+0.8-0.5-1.1-1.1-2.7-5.3-4.9-3.9-4.3——
Up moveDown movePending
AI summary
Smt. Shuchi Arora, promoter of Jullundur Motor Agency, acquired 72,06,400 shares (31.55%) through transmission of shareholding of her late mother, Santosh Sondhi, who was also a promoter. Her own stake rose from 8.18% (18,67,311 shares) to 39.73% (90,73,711 shares). The transaction is exempt from open offer requirement under Regulation 10(1)(g) of SEBI SAST Regulations as an intrafamily transmission.
Likely market impact
Promoter holding rises sharply via intrafamily transmission; no open offer triggered. No cash impact, likely neutral for stock price.