Announced Sat, 1 Aug · 18:07 IST
Promoter Satnam Singh sells 24.78% stake in Prabhhans Industries off-market
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
+0.8%1-day move
₹37.83
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+0.8+5.7—+0.4+11.6+13.6————
Up moveDown movePending
AI summary
Satnam Singh, a promoter of Prabhhans Industries, sold 15,48,277 shares (24.78%) via off-market deal on 31 July 2026. His stake dropped from 25.34% (15.83 lakh shares) to just 0.56% (34,997 shares). The company has 62.48 lakh equity shares of Rs 10 face value. Filed under SEBI Takeover Regulations, the off-market nature suggests a block deal to a specific buyer.
Likely market impact
Massive promoter exit of nearly 97.8% of holding. Signals possible loss of confidence or strategic exit. Watch for price action and follow-up disclosures.