Announced Thu, 25 Jun · 13:48 IST
Promoter K G Balakrishnan sells 4.88% stake via inter-se transfer to Sriramulu B
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
+2.8%1-day move
₹15.48
prior close
₹16.42
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.1+2.3+2.3+0.0+2.8-1.4-1.2-1.5-1.6+1.7-3.2-6.8——
Up moveDown movePending
AI summary
Promoter K G Balakrishnan sold 12,50,000 shares (4.88%) of KG Denim through an off-market inter-se transfer to fellow promoter Sriramulu B on 24.06.2026. Balakrishnan's holding fell from 5.20% to 0.33%. Sriramulu B's holding rose from 13.49% to 18.37%. Total promoter group holding remains unchanged at 58.74%, so overall control of the company has not shifted.
Likely market impact
Internal promoter reshuffle; total promoter stake unchanged at 58.74%. No impact on control or minority shareholders.