Promoter group sells 8.97% stake; holding falls to 2.96%

Promoter Stake Sell 1pctPromoter Below 50pctOwnership Changes View source PDF Explain this filing

ORICONENT · price

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

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

-0.7%Reaction day

₹56.02

prior close

₹56.44

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-0.6% vs market

Packaging peers, median of 63sector-0.3%-0.3% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 0.3 pts less than its Packaging 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

+0.3

10m

+0.7

15m

+0.9

30m

+0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.7-0.1-0.6-0.3-0.3

Next day

-2.2+0.7-2.9-0.4-1.8

-2.0+1.2-3.2-0.4-1.6

-3.2+1.9-5.0+0.3-3.5

-4.0+1.6-5.6+0.6-4.5

-3.4+2.0-5.4+0.1-3.5

-4.0+0.9-4.9+0.1-4.1

15d

-1.4-1.4+0.1-1.2-0.1

-0.6-1.6+1.0-0.7+0.1

+3.6-0.7+4.3-4.2+7.8

+5.2-6.0+11.1-8.1+13.3

UpDownMarket · Nifty Microcap 250Sector · Packaging peers, median of 63Pending

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

AI summary

The promoter group sold 14,092,020 shares, equal to 8.97% of Oricon Enterprises, through an off-market sale. Its combined holding fell from 11.93%, equal to 18,728,040 shares, to 2.96%, equal to 4,636,020 shares. No shares were pledged, encumbered, invoked or released.

Likely market impact

The promoter sale leaves combined promoter ownership at 2.96%, below 5%, and may weigh on sentiment. The buyer and price are not disclosed.