Announced Sat, 27 Jun · 13:42 IST
Promoter group inter-se gift transfer of 3.29 percent stake in Parnax Lab
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
-0.7%1-day move
₹136.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-0.7-2.4+6.9+7.5+6.6+4.4+8.5———
Up moveDown movePending
AI summary
Mihir Shah (promoter) to acquire 3,77,355 shares (3.29 percent) from Baiju Shah (promoter) by way of gift under Regulation 10(1)(a)(ii). Mihir Shah's stake rises from 9.94 percent to about 13.22 percent, while Baiju Shah's drops from 11.57 percent to about 8.29 percent. Total promoter group stake unchanged at 21.51 percent. No cash transaction involved and the deal is exempt from open offer requirements.
Likely market impact
Internal promoter reshuffle via gift. No change in total promoter holding, no cash impact, no open offer. Neutral for shareholders.