Announced Wed, 8 Jul · 17:59 IST
Promoter Kalpesh J Shah receives 20.57 lakh shares via transmission from promoter family member
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-day move
₹15.10
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—————+5.0+5.0+2.6—+5.4————
Up moveDown movePending
AI summary
Kalpesh J Shah, a promoter of Market Creators Ltd, acquired 20,57,352 equity shares through transmission from Jayantilal Harkisondas Shah, also a promoter. His stake rose from 1.46 percent (1,53,609 shares) to 21.06 percent (22,10,961 shares). Since the transfer is between promoters, it qualifies for exemption from open offer under Regulation 10(1)(g) of SEBI SAST Regulations. No price was paid as this is a transmission, likely estate related.
Likely market impact
Inter-promoter family transmission with no cash outflow and no open offer; unlikely to affect share price as no new market shares enter circulation.