BSEMM Rubber Company LtdHighNegative
Announced Thu, 7 May · 10:52 IST

Demise of Promoter Mr. Mammen Philip

Management Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.4%1-day move
₹72.30
prior close
₹72.30
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-0.4+6.5+2.8-3.2+1.0+1.5-7.7-12.9-12.9
Up moveDown movePending
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.