Announced Wed, 22 Jul · 17:38 IST
Promoter Mihir Shah acquires 3.28 percent stake via gift from promoter group
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
-4.1%1-day move
₹147.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-4.1-3.1————————
Up moveDown movePending
AI summary
Mihir Prakash Shah, a promoter of Parnax Lab, acquired 3,77,355 equity shares (3.28 percent) through an off-market inter-se gift from within the promoter group under Regulation 10(1)(a)(i). His individual holding rose from 9.94 percent (11,41,250 shares) to 13.22 percent (15,18,605 shares) on July 21, 2026. Importantly, the total promoter and promoter group shareholding in the company remains unchanged since this is an internal reshuffle within the promoter family.
Likely market impact
Neutral for shareholders — internal promoter family reshuffle with no change in total promoter holding or company fundamentals.