Announced Wed, 16 Sept · 16:58 IST
Promoters cut stake from 26 percent to 6 percent via open market sale
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
+10.2%1-day move
₹54.20
prior close
₹56.91
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+10.2+15.7————————
Up moveDown movePending
AI summary
Promoters and PACs of Prime Industries sold about 41.92 lakh equity shares, roughly 19.95 percent of equity, on 11 Sep 2026. Combined promoter and PAC holding fell sharply from 26.07 percent to 6.11 percent. Key sellers include Rajinder Kumar Singhania, Harneesh Kaur Arora, Puneet Singhania, Saintco India LLP, Crescent Investments and Chirag Singhania among others. Disclosure filed under SEBI takeover regulations.
Likely market impact
Sharp promoter exit may signal weak confidence; large supply overhang could pressure the stock price