Announced Sat, 27 Jun · 13:25 IST
Promoter sells 2.39 percent stake in Mid East Portfolio Management via open market
Price
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Price reaction · full curve 14 horizons · vs prior close
-9.7%1-day move
₹43.93
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-9.7-14.2-18.5-22.6-26.4-16.3-10.4———
Up moveDown movePending
AI summary
Kishor Amichand Shah, a promoter of Mid East Portfolio Management Ltd, sold 120,113 equity shares (2.39 percent of paid-up capital) through open market on June 25, 2026. His holding fell from 131,113 shares (2.61 percent) to just 11,000 shares (0.22 percent), pointing to a near-complete exit by the promoter.
Likely market impact
Sharp promoter stake cut to 0.22 percent signals weak conviction and may weigh on retail sentiment for the stock.