Announced Thu, 16 Jul · 19:02 IST
BSE clears reclassification of 8 promoter group members to public category
Ownership Changes View source PDF
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
₹0.96
prior close
₹0.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+1.1+2.1+2.1+1.0+1.0+0.0+0.0—————
Up moveDown movePending
AI summary
Padam Cotton Yarns has received BSE approval to reclassify 8 promoter and promoter group members under Regulation 31A of SEBI LODR. The members are Padam Sain Gupta, Prem Lata, Radhika Gupta, Vivek Gupta, Vivek Gupta HUF, Rajev Gupta, Rajev Gupta HUF, and Rekha Gupta. Notably, all 8 members already hold 0 shares in the company. They will now be treated as public shareholders rather than part of the promoter group, effectively shrinking the formal promoter list on record.
Likely market impact
Formal promoter group shrinks; these 8 persons shift to public category, which may reduce disclosed promoter holding on record.