K.M. Sugar Mills: 15.55% promoter shares transmitted to nominee heir

Ownership Changes View source PDF Explain this filing

KMSUGAR · 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

-1.7%Reaction day

₹27.20

prior close

₹26.95

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.4%-0.2% vs market

Sugar peers, median of 27sector-1.7%+0.0% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and in line with its Sugar 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

-0.1

15m

+0.7

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.7-1.4-0.2-1.7+0.0

Next day

-2.3-2.5+0.3-1.0-1.3

-1.4+0.4-1.8-0.4-1.1

+0.6+2.2-1.6+1.5-1.0

-1.6+2.7-4.4+1.5-3.1

-1.1+3.9-5.0+0.9-2.0

-0.4+5.2-5.6+0.5-0.9

15d

-3.9+6.5-10.4-0.2-3.7

+2.9+6.9-4.0-0.8+3.7

+2.4+9.1-6.8+2.0+0.4

+10.5+11.6-1.1+8.5+2.0

UpDownMarket · Nifty Microcap 250Sector · Sugar peers, median of 27Pending

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

AI summary

K.M. Sugar Mills: 1.43 crore equity shares (15.55% of paid-up capital) held by late promoter L.K. Jhunjhunwala have been transmitted to his nominee and legal heir Naina Devi Jhunjhunwala (Promoter Group) through off-market transfer, following his demise. Her individual holding rises from 4.54% to 20.09%. Total promoter group shareholding remains unchanged at 56.51%. Exempted from open offer under Regulation 10(1)(g).

Likely market impact

Internal promoter family transfer due to death of promoter. Total promoter holding and control of company unchanged. Neutral for shareholders.