Announced Fri, 11 Sept, 2026 · 15:42 IST
Promoter family gift transfer of 96.25 lakh shares at nil price
PRAKASHSTL · 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
+1.3%1-day move
₹3.73
prior close
₹3.73
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+5.1+1.9+2.7+1.1+1.3+1.3-0.3-0.5+0.3-2.1-7.5———
Up moveDown movePending
AI summary
Promoter Dheliben Mafatlal Seth received 96,25,000 equity shares (5.50 percent) as a gift from her brother and fellow promoter Prakash C. Kanugo under SEBI Regulation 10(1)(a)(i). No consideration paid. Acquirer stake rose from 0.29 to 5.79 percent and combined promoter group holding rose from 19.76 to 25.26 percent. Seller Prakash C. Kanugo holding fell from 13.82 to 8.31 percent. Exempt from open offer requirement.
Likely market impact
Neutral; internal promoter reshuffle via gift, no open offer and no fresh cash inflow for the company.