Announced Wed, 1 Jul · 14:58 IST
Promoter Satnam Singh sells 5.20 percent stake in Prabhhans via off-market deal
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
-2.2%1-day move
₹32.72
prior close
₹31.70
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—+4.1+5.7—-2.2-2.6-2.2+3.5+5.3+9.4+5.4———
Up moveDown movePending
AI summary
Promoter and MD/CFO Satnam Singh sold 3,25,003 shares (5.20 percent) of Prabhhans Industries through an off-market transaction on 29 June 2026. His holding fell from 44.91 percent (28,06,183 shares) to 39.71 percent (24,81,180 shares). Total equity capital stays unchanged at 62,48,240 shares of Rs.10 face value. The disclosure was filed under SEBI Takeover Regulations.
Likely market impact
Promoter holding drops below 40 percent, raising control questions. Sale was off-market, so no direct selling pressure on share price.