Promoter Raj Rushabh Patel acquires 3.78% stake via gift transfer within promoter group

Ownership Changes View source PDF Explain this filing

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

+0.3%Reaction day

₹94.72

prior close

₹99.40

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+0.0% vs market

Residential, Commercial Projects peers, median of 64sector-0.3%+0.6% vs sector

On the reaction day the stock moved in line with Nifty Microcap 250 and 0.6 pts more than its Residential, Commercial Projects 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

-4.4

10m

-4.4

15m

-4.4

30m

-4.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3+0.3+0.0-0.3+0.6

Next day

—-1.3—-0.1—

+4.0-0.3+4.3-0.8+4.8

+1.3-0.6+1.9-0.7+2.0

—-1.8—-1.2—

+5.5-1.8+7.3-2.3+7.7

+0.2-0.8+1.0-1.5+1.7

15d

-9.8-4.1-5.6-2.8-7.0

—-9.4—-5.0—

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UpDownMarket · Nifty Microcap 250Sector · Residential, Commercial Projects peers, median of 64Pending

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

AI summary

Raj Rushabh Patel (promoter) received 1,18,526 shares (3.78%) of Parshwanath Corporation Ltd as a gift from Mrs. Indiraben N. Patel on 19-Sep-2026. His individual stake rose from 36.85% to 40.63%. The transaction is an inter-se transfer within the promoter group, exempt from open offer under Regulation 10(1)(a)(i). No consideration involved. Aggregate promoter group holding remains unchanged.

Likely market impact

Neutral; internal family reshuffle with no cash flow and no change in total promoter control.