Announced Tue, 15 Sept, 2026 · 15:34 IST
Birla promoter group exits Kesoram, sells 42.80 percent stake
KESORAMIND · 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
-2.5%1-day move
₹12.61
prior close
₹12.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.1-0.8-1.1-1.1-2.5-4.4-7.4-9.9-8.8-7.7-15.2———
Up moveDown movePending
AI summary
B.K. Birla group promoter entities sold 13.29 crore shares (42.80 percent) of Kesoram Industries to Frontier Warehousing via off-market deal under a Dec 2025 SPA. Promoter holding drops from 43.34 percent to just 0.54 percent, resulting in a change of control of the company. Sale executed on 11 Sep 2026.
Likely market impact
Major change of control as Birla promoters nearly exit. Frontier Warehousing becomes the controlling shareholder, a significant corporate event.