Ashoka Metcast sells 24.86 lakh Mena Mani shares in open market

Ownership Changes View source PDF Explain this filing

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

+4.7%Reaction day

₹13.70

prior close

₹13.87

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%+4.1% vs market

Non Banking Financial Company (NBFC) peers, median of 220sector+0.0%+4.7% vs sector

On the reaction day the stock moved 4.1 pts more than Nifty Microcap 250 and 4.7 pts more than its Non Banking Financial Company (NBFC) 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

-0.9

10m

+0.1

15m

+0.2

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.7+0.5+4.1+0.0+4.7

Next day

+7.2+0.8+6.5+0.4+6.9

+9.5+1.0+8.5-0.1+9.6

+15.0+0.6+14.4+0.2+14.8

+15.3+1.2+14.1+0.5+14.8

+15.3+0.9+14.4+0.3+15.1

+14.6+1.6+13.0+0.7+13.9

15d

+6.9+1.9+5.1-1.0+7.9

-6.7+0.8-7.5-1.3-5.4

+5.8-5.7+11.5-5.4+11.3

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 220Pending

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

AI summary

Ashoka Metcast Ltd and PACs (Lesha Industries, Shalin Shah, Ashok Shah, Leena Shah) sold 24,86,112 equity shares (2.14% of voting capital) of Mena Mani Industries through open market sale between 20 Jun 2025 and 18 Aug 2026. Ashoka Metcast holding fell from 10.76% to 8.62%, and combined PAC holding dropped from 11.11% to 8.97%. The sellers are not classified as promoters.

Likely market impact

Non-promoter group trimming stake could signal weak confidence and add near term supply pressure on the stock.