Announced Thu, 18 Jun · 17:42 IST
Promoter Sanjay Thakker files encumbrance disclosure under SEBI Takeover Rules
Ownership Changes View source PDF
LANDMARK · 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
+1.1%1-day move
₹446.20
prior close
₹447.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.4-1.7-1.9-2.0+1.1+0.2-0.5-3.1-2.3-4.9-4.7+18.7——
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AI summary
Sanjay Karsandas Thakker, a promoter of Landmark Cars Limited, has submitted to NSE a disclosure under Regulation 31(4) of the SEBI Substantial Acquisition of Shares and Takeovers Regulations, 2011. This regulation requires promoters to disclose changes in encumbrance (such as pledging or releasing) on their shares. The filing confirms a pledge-related event on promoter-held shares, though the exact nature and size of the encumbrance change are not detailed in the headline.
Likely market impact
Signals a change in pledge status on promoter shares; investors should check the full filing for pledge creation, release, or invocation details.