Promoter group sells 2.76% stake in Mercury EV-Tech via open market

Promoter Stake Sell 1pctOwnership Changes View source PDF Explain this filing

MERCURYEV · 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

-1.1%Reaction day

₹38.40

prior close

₹38.94

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-0.9% vs market

On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250, 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

-2.2

10m

-2.3

15m

-1.3

30m

-2.5

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-1.1-0.2-0.9

Next day

+8.4-0.3+8.7

+8.5-0.2+8.7

+7.1-3.5+10.6

+1.7-3.6+5.4

+7.8-2.8+10.6

+2.8-1.4+4.2

15d

-3.1-3.0-0.1

-3.5-4.4+0.9

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UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Shree Saibaba Exim Private Limited, part of the promoter group, sold 52,45,000 equity shares (2.760% of total capital) of Mercury EV-Tech through open market on Sept 7-8, 2026. Holding fell from 22.630% (4.29 crore shares) to 19.869% (3.77 crore shares). Disclosures filed under SEBI Insider Trading and Takeover Regulations.

Likely market impact

Promoter group trimming stake may signal cautious outlook; supply from insiders can pressure stock price in the near term.