Announced Fri, 15 May · 12:55 IST

Please find enclosed disclosure received from shareholder belonging to Promoter group intimating sale of shares under Reg 7(2) of the SEBI (PIT) Regulations, 2015

Promoter Stake Sell 1pctOwnership Changes View source PDF

Price

Loading chart…

▲ 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

+3.8%1-day move

₹64.05

prior close

₹66.90

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.0+0.0+0.0+3.8+4.4+3.0+1.5+4.6+1.5-2.1+6.9+29.6—

Up moveDown movePending

AI summary

Pankaj Polymers Limited received disclosure from Pankaj Strips Private Limited, a member of the Promoter Group, regarding the sale of company shares. The sale was executed off-market through a Share Purchase Agreement (SPA). This disclosure is filed under Regulation 7(2)(a) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, which requires disclosure when a promoter group entity transacts in company shares. The specific number of shares sold was not quantified in the filing but the nature of disclosure suggests a significant transaction.

Likely market impact

This indicates a reduction in promoter group holding in Pankaj Polymers. Shareholders should monitor for updated shareholding patterns to assess the extent of promoter stake reduction and its implications for control and governance.