Found a bug or want a feature? Verified reports earn free credits.
Log inSign up
Back to alerts
LIBERTSHOEBSELIBERTY SHOES LTD· Leather And Leather ProductsMediumNeutral
Announced Thu, 8 Oct, 2026 · 16:28 IST

SEBI clarifies process for promoter reclassification at Liberty Shoes

Ownership Changes View source PDFExplain this filing

LIBERTSHOE · price

Loading chart…

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

Price reactionminutes from the announcement price · days from the prior close
-0.2%Reaction day
₹211.20
prior close
₹210.40
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-0.5% vs market
Footwear peers, median of 8sector-0.1%-0.1% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.1 pts less than its Footwear 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
5m
+0.0
10m
+0.0
15m
+0.3
30m
+0.8
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-0.2+0.3-0.5-0.1-0.1
Next day
-0.1+1.1-1.2+0.4-0.5
2d
-1.5+1.3-2.8+0.3-1.8
3d
-0.9+2.0-2.9+1.1-1.9
4d
-0.1+0.3-0.5+1.3-1.4
5d
+1.1+1.1+0.0+3.8-2.8
1w
-6.1-3.2-2.9-0.0-6.1
15d
—————
1m
—————
2m
—————
3m
—————
UpDownMarket · Nifty Microcap 250Sector · Footwear peers, median of 8Pending

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

AI summary

Liberty Shoes shared a SEBI letter dated 7 October 2026 clarifying how to process reclassification requests from two promoter shareholders, Arpan Gupta individually and as Karta of Dinesh Kumar Gupta HUF, who want to move from Promoter to Public category under Regulation 31A. SEBI did not comment on eligibility, saying that will be decided by stock exchanges and shareholders. Applications are pending with NSE and BSE for No Objection Certificate, after which shareholder approval will be sought.

Likely market impact

Procedural update only. Reclassification is not yet effective; needs NOC from exchanges and shareholder approval before any change in promoter status.