SEBI exemption for family trust share transfer within promoter group

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NGLFINE · price

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

-0.0%Reaction day

₹2870.00

prior close

₹2839.90

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-0.2% vs market

Pharmaceuticals peers, median of 168sector-0.3%+0.3% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.3 pts more than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

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15m

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30m

+0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.0+0.2-0.2-0.3+0.3

Next day

-0.1+0.9-1.0-0.3+0.2

-2.4-0.8-1.6-1.2-1.2

-3.5-0.1-3.4-1.0-2.5

-4.0-1.7-2.3-2.6-1.4

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-7.5-7.5-0.0-6.4-1.1

15d

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UpDownMarket · Nifty Microcap 250Sector · Pharmaceuticals peers, median of 168Pending

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

AI summary

NGL Fine-Chem informed BSE that SEBI granted exemption to Ajita Nachane Family Trust and Rahul Nachane Family Trust from making an open offer under SAST takeover rules. The trusts will receive 17,96,899 shares (29.09%) from promoters Ajita and Rahul Nachane as part of family succession planning. Total promoter holding stays at 72.49% and public at 27.51%. No change in control.

Likely market impact

Neutral. Internal promoter family restructuring, no change in control or public shareholding. Shareholding pattern remains unchanged.