Announced Wed, 1 Apr · 11:38 IST
Promoter Faze Three & PACs exit Megamont with 3.12% stake sale
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
+8.3%1-day move
₹111.71
prior close
₹117.25
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+8.3+13.9+19.6+25.5+31.8+45.2+52.9+38.3+63.5+44.3
Up moveDown movePending
AI summary
Faze Three Ltd and its PACs (promoter group) sold their entire 9,00,000 shares (3.12% of paid-up capital, 2.7% on diluted basis) in Megamont Ltd via an off-market Share Purchase Agreement to Mounica Madurkuri and Minal Patil on March 30, 2026. Post-sale, the promoter group's holding in Megamont drops to zero, marking a complete exit from the company.
Likely market impact
Promoter exits fully — zero holding after sale. May signal promoter loss of confidence; could pressure stock depending on buyer intent.