Announced Thu, 2 Apr · 17:56 IST
Promoter group declares no encumbrances on shares
Ownership Changes View source PDF
NEXTMEDIA · price
▲ 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
+8.1%1-day move
₹3.95
prior close
₹3.99
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.8-1.8+0.3-4.5+8.1+5.6+10.9+6.3+6.6+13.9+10.6+10.1-4.8+0.0
Up moveDown movePending
AI summary
Tarique Ansari, on behalf of the promoter group of Next Mediaworks Limited, has submitted a disclosure to NSE and BSE under SEBI Takeover Regulations 31(4) and 31(5). The declaration states that neither he nor any member of the promoter group has created any encumbrance (pledge, lien, or similar) on their shareholding or voting rights in the company. The promoter group includes Rukya Ansari, Tarique Ansari, Sharique Ansari, Tehzeeb Ansari, Paradisal Precision Pvt Ltd, and Meridian Holding and Leasing Company Pvt Ltd.
Likely market impact
Reassurance for shareholders; promoter holdings remain unencumbered with no pledge risk at this time.