Demise of Promoter Mr. Mammen Philip

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Price reactionminutes from the announcement price · days from the prior close

+3.7%Reaction day

₹72.30

prior close

₹72.30

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.6%+2.2% vs market

Tyres & Rubber Products peers, median of 15sector+0.0%+3.7% vs sector

On the reaction day the stock moved 2.2 pts more than Nifty Microcap 250 and 3.7 pts more than its Tyres & Rubber Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+3.7+1.6+2.2+0.0+3.7

Next day

-0.4+1.5-1.9+0.1-0.5

+6.5+0.0+6.5-1.4+7.9

+2.8-3.0+5.8-4.0+6.8

-3.2-2.4-0.8-2.2-1.0

+1.0-2.1+3.1-2.7+3.7

+1.5-3.8+5.3-7.0+8.4

15d

-7.7-0.0-7.7-2.8-4.9

-12.9-1.0-11.9-6.6-6.3

-12.9+6.5-19.4+0.5-13.4

-16.8+10.2-27.0+2.5-19.3

UpDownMarket · Nifty Microcap 250Sector · Tyres & Rubber Products peers, median of 15Pending

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

AI summary

Mr. Mammen Philip, a Promoter of MM Rubber Company Ltd, passed away on 08th December 2025 at age 87. He held 95,363 equity shares representing 1.53% of the company. The company has announced that his shares will be transmitted to his daughter Ms. Kavita Philip, who will become an immediate relative in the promoter group. The filing was delayed (reported on 07th May 2026) due to the sudden and unexpected nature of the death. The shareholding pattern has been updated and filed with BSE for the quarter and year ended 31st March 2026.

Likely market impact

The death of a promoter with 1.53% stake and transfer of shares to a family member results in a change to the company's promoter group composition. This is a personal/family matter for the company with no direct operational impact.