Announced Thu, 30 Jul · 08:23 IST
Promoters reshuffle 8.85% stake via inter-se transfer at Plastiblends India
PLASTIBLEN · 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
-0.1%1-day move
₹187.70
prior close
₹187.32
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—+0.0+0.5-0.2-0.1+1.9+1.2+0.8+4.7+5.9+0.9———
Up moveDown movePending
AI summary
Promoters Varun S. Kabra and Jyoti V. Kabra will acquire 23,02,084 shares (8.85%) from fellow promoter Kolsite Corporation LLP at market price. This is an inter-se transfer between promoters, so no open offer is required under SEBI takeover rules. Varun Kabra's holding rises from 30.38% to 34.81% and Jyoti Kabra's from 6.79% to 11.22%. Total promoter holding stays unchanged at 62.22%. 60-day volume weighted average price is around Rs 179.
Likely market impact
Internal promoter reshuffle; total promoter holding unchanged at 62.22%. Minimal impact on minority shareholders.