BSEKisan Mouldings Ltd-$HighNegative
Announced Wed, 24 Dec · 15:56 IST

Disclosure under Regulations 29(2) of the SEBI SAST Regulations 2011

Ownership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Kisan Mouldings Limited informed the stock exchange about an inter-se transfer of shares within its promoter group. Polsons Traders LLP (promoter group entity) sold its entire holding of 36,29,246 equity shares (3.04% stake) through off-market transactions. The shares were bought by three individual promoters: Rishav Aggarwal (15,99,246 shares, 1.34%), Sanjeev Aggarwal, the Chairman & MD (12,00,000 shares, 1.00%), and Neerav Aggarwal (8,30,000 shares, 0.70%). After the transfer, Polsons Traders LLP holds zero shares, while the three buyers' holdings increased to 2.08%, 1.00%, and 1.29% respectively. The aggregate promoter group holding remains unchanged at 70.49%, with Apollo Pipes Limited continuing to hold the dominant 58.60% stake.

Likely market impact

No material impact on shareholders or the stock price, as this is purely an internal reshuffle of ownership within the promoter family. The total promoter shareholding stays at 70.49% before and after the transactions, so the control structure and non-promoter (public) shareholding remain unaffected.