Announced Thu, 1 Oct, 2026 · 12:06 IST
Promoter group Sarvamangal Mercantile sells 0.62 percent stake in Oricon Enterprises
ORICONENT · 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
+2.1%1-day move
₹51.34
prior close
₹51.30
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.1-0.1-0.3+2.1+2.3+3.0-0.7——————
Up moveDown movePending
AI summary
Sarvamangal Mercantile Company Ltd, a promoter group entity, sold 970,000 shares (0.62 percent) of Oricon Enterprises Ltd via market sale on September 30, 2026. Its holding fell from 2.30 percent (36,10,500 shares) to 1.68 percent (26,40,500 shares). Disclosure filed under SEBI Takeover Regulations Reg 29(2).
Likely market impact
Mild negative: promoter group trimming stake in Oricon Enterprises via open market sale may hint at reduced confidence or portfolio rebalancing.