Announced Wed, 17 Jun · 15:31 IST
Promoter Sarthak Vijlani sells 8.17% stake in open market
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Promoter Sarthak Vijlani along with persons acting in concert sold 2,57,500 shares (8.17%) of Navigant Corporate Advisors in the open market on 16 June 2026. Their combined stake fell from 36.09 percent (11,37,750 shares) to 27.92 percent (8,80,250 shares). Total equity capital of the company remains unchanged at 31,52,750 shares of face value Rs 10 each.
Likely market impact
Large 8 percent plus promoter exit may weigh on the stock and could be read as reduced promoter confidence by retail investors.