Promoter Rajesh Monpara gifts equity shares via off-market transfer
MCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 1.0 pts less than its Aluminium Copper & Zinc Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
M Tek Copper Limited has disclosed under SEBI Insider Trading Regulations that promoter group member Mr. Rajesh Monpara has transferred equity shares of the company through an off-market gift. The disclosure was filed in Form C as required under Regulation 7(2)(b) of the PIT Regulations.
Promoter gifting shares reduces his personal holding, but as an off-market gift, it may not materially affect stock price.