Announced Wed, 1 Jul · 15:26 IST
Promoter entity sold 48 lakh shares in open market between June 11 and June 25
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
+10.1%1-day move
₹5.04
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+10.1+15.5+21.2+23.4+18.7+13.9+14.3———
Up moveDown movePending
AI summary
LG Farm Products Pvt Ltd, part of the promoter group of LGB Forge Ltd, sold 48,03,181 equity shares (about 2.02% of equity) through open market between June 11 and June 25, 2026. This crossed the 2% disclosure threshold under SEBI Takeover Regulations. Total promoter group holding fell from 72.89% to 70.87%. The selling entity's stake dropped from 3.49% to 1.47%, while other promoter group entities remain unchanged.
Likely market impact
Promoter group stake reduced from 72.89% to 70.87% via open market sale. Watch for further promoter activity or restructuring.