BSEKeerthi Industries Ltd· Cement & Cement ProductsHighNeutral
Announced Tue, 13 May, 2025 · 15:35 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Seshagiri Rao Jasti

Promoter Stake Sell 1pctPromoter Below 50pctOwnership Changes View source PDFExplain this filing

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
-2.8%Next day
₹75.58
prior close
—
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+2.6%-5.4% vs market
Cement & Cement Products peers, median of 34sector+2.6%-5.3% vs sector

By the next day the stock moved 5.4 pts less than Nifty Microcap 250 and 5.3 pts less than its Cement & Cement Products 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
5m
—
10m
—
15m
—
30m
—
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
—+1.6—+2.0—
Next day
-2.8+2.6-5.4+2.6-5.3
2d
+5.8+3.4+2.4+3.3+2.5
3d
+9.8+4.7+5.1+3.5+6.3
4d
+5.8+3.6+2.3+3.9+2.0
5d
+5.8+4.4+1.5+3.8+2.1
1w
+0.1+4.9-4.8+4.5-4.4
15d
+1.5+6.8-5.3+2.2-0.7
1m
-4.9+8.4-13.2+1.4-6.2
2m
-0.1+10.0-10.1+6.9-7.0
3m
-2.1+4.7-6.8+9.9-12.0
UpDownMarket · Nifty Microcap 250Sector · Cement & Cement Products peers, median of 34Pending

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

AI summary

Seshagiri Rao Jasti, Promoter and Managing Director of Keerthi Industries Ltd, has transferred 3,70,000 equity shares (4.61% of share capital) to Mr. Chetan Anand Buradagunta in the form of a Gift on May 8, 2025. Post this transfer, his holding in the company reduced from 37,01,559 shares (46.17%) to 33,31,559 shares (41.55%). The total equity share capital of the company remains unchanged at 80,16,738 shares. The disclosure has been filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011.

Likely market impact

This is an inter-se transfer within the promoter group via gift, so there is no change in overall promoter group holding or cash impact. However, Mr. Jasti's individual stake has dropped further below the 50% mark to 41.55%, which may be noted by investors monitoring promoter holding concentration.