Promoter group Shree Saibaba Exim sells 2.76 percent stake in Mercury EV-Tech

Promoter sold over 1%Ownership 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

₹37.79

announcement price

In-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

+0.3

10m

+0.4

15m

+0.4

30m

+0.7

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 Pvt Ltd (promoter group) sold 52.45 lakh shares, a 2.76 percent stake, in Mercury EV-Tech via open market on Sept 7, 2026. Promoter group holding dropped from 22.63 percent (4.29 crore shares) to 19.87 percent (3.77 crore shares). Disclosure filed under SEBI SAST Regulation 29(2).

Likely market impact

Promoter group trimming stake via open market may signal weak confidence or exit pressure, could weigh on stock price.