Board approves reclassifying 6 entities from promoter to public category

Ownership Changes View source PDF Explain this filing

MEDIASSIST · price

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▲ 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

+3.2%Reaction day

₹406.80

prior close

₹399.55

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+2.6%+0.7% vs market

Insurance peers, median of 12sector · industry level+1.4%+1.9% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 1.9 pts more than its Insurance 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

+0.7

10m

+1.0

15m

+1.3

30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.2+2.6+0.7+1.4+1.9

Next day

+3.8+3.6+0.1+1.9+1.9

+3.7+3.1+0.7+2.1+1.6

+2.4+2.6-0.2+2.1+0.3

-0.7+1.1-1.8+2.1-2.8

-2.2+0.3-2.5+2.2-4.4

+1.4+1.6-0.2+3.4-2.0

15d

-11.0-3.9-7.1+0.3-11.3

-26.3-8.1-18.2-3.6-22.6

-12.9-3.1-9.9-5.4-7.5

-5.3+9.2-14.5-1.3-4.0

UpDownMarket · Nifty Microcap 250Sector · Insurance peers, median of 12Pending

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

AI summary

Board approved reclassification of 6 entities (Bessemer India Capital Holdings II, Bessemer Health Capital LLC, Bessemer Venture Partners Trust, Perfios Software Solutions, Lentra AI, Plobal Apps Inc) from promoter group to public category. These entities hold zero equity shares so overall promoter shareholding is unchanged. No shareholder vote needed. Subject to BSE and NSE approval.

Likely market impact

No impact on shareholding. Purely a technical reclassification as the outgoing entities hold zero shares. No economic effect on shareholders.