Nabha Power cleared for reclassification from promoter to public

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Price reactionminutes from the announcement price · days from the prior close

+1.6%Reaction day

₹247.00

prior close

₹248.35

announcement price

In-mkt

timing

Nifty Midcap 150market+0.9%+0.8% vs market

Investment Company peers, median of 62sector+0.9%+0.7% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Midcap 150 and 0.7 pts more than its Investment Company 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

+0.2

10m

+0.0

15m

+0.1

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.6+0.9+0.8+0.9+0.7

Next day

-1.1pendingpending+0.2-1.2

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15d

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UpDownMarket · Nifty Midcap 150Sector · Investment Company peers, median of 62Pending

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

AI summary

BSE and NSE granted no-objection to L&T Finance's application to reclassify Nabha Power Limited from the Promoter Group category to Public. The approvals were issued on October 28, 2026 and announced on October 29. The filing gives no shareholding percentage, transaction price or financial impact.

Likely market impact

This may reduce promoter-group holdings and raise the public float after reclassification. No direct earnings impact was disclosed.