Announced Tue, 23 Jun · 15:17 IST
Promoter Durga Ramji gets 4.99 lakh shares via transmission; group holding unchanged
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
-2.7%1-day move
₹29.61
prior close
₹29.01
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0——-2.7-2.9-2.1+0.9-2.4-0.4-1.6-3.7——
Up moveDown movePending
AI summary
Durga Ramji, a promoter of Polyspin Exports, received 4,99,579 shares (about 4.99% stake) by way of transmission after the demise of her husband and co-promoter R. Ramji. Her personal holding rose from 23.36% to 28.36%. The total promoter and promoter group shareholding remains unchanged at 46,82,926 shares (46.83%). No open offer is triggered as the transaction qualifies for exemption under Regulation 10(1)(g) of SAST Regulations.
Likely market impact
No change in promoter group stake; internal family transmission. Neutral event. Promoter group stays below 50% at 46.83%.