Announced Tue, 18 Aug · 10:30 IST
Promoter group Seshasayee Paper acquires 3.37 percent in Ponni Sugars via open market
PONNIERODE · 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
+7.6%1-day move
₹355.00
prior close
₹375.05
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-0.4-0.4-0.8+7.6+18.9+16.6———————
Up moveDown movePending
AI summary
Seshasayee Paper and Boards, part of Ponni Sugars promoter group, bought 2,90,000 shares (3.373%) through open market on NSE on August 17, 2026. Promoter group holding rose from 32.347% to 35.720%. Face value Rs 10 each.
Likely market impact
Promoter group strengthening stake signals confidence. May support share price sentiment among retail investors.