Promoter family transfers 6.11% holding after HUF partition

Ownership Changes View source PDF Explain this filing

PREMEXPLN · price

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Price reactionminutes from the announcement price · days from the prior close

+3.3%Reaction day

₹614.00

prior close

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announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+1.0%+2.2% vs market

Chemicals & Petrochemicals peers, median of 181sector · industry level+1.0%+2.2% vs sector

On the reaction day the stock moved 2.2 pts more than Nifty Microcap 250 and 2.2 pts more than its Chemicals & Petrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+3.3+1.0+2.2+1.0+2.2

Next day

+0.3+0.6-0.2+0.8-0.5

+1.3+0.2+1.1+0.5+0.8

-2.0+0.6-2.6+0.4-2.3

+2.4+0.9+1.5+0.0+2.4

+1.2+1.3-0.1+0.4+0.8

+7.3+0.8+6.5+0.2+7.1

15d

-5.2-0.0-5.2-2.4-2.8

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-14.7-4.1-10.7-7.8-7.0

-24.8-12.5-12.3-16.1-8.7

UpDownMarket · Nifty Microcap 250Sector · Chemicals & Petrochemicals peers, median of 181Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Amarnath Gupta HUF transferred 3,283,485 Premier Explosives shares, equal to 6.11% of the company, to Mr. Amarnath Gupta jointly with Mrs. Kailash Gupta due to partition of the HUF. No consideration was paid. Mr. Gupta's holding rose from 24.37% to 30.48%, while the HUF holding fell to zero. The buyers did not have to make an open offer.

Likely market impact

This restructures promoter family ownership rather than changing the group stake, so there is no clear direct effect on the share price.