Announced Tue, 15 Sept · 17:08 IST
Promoters cut stake in Prime Industries from 26 percent to 6 percent
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
+15.5%1-day move
₹49.28
prior close
₹54.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+15.5+21.2+27.3———————
Up moveDown movePending
AI summary
Promoters and PACs of Prime Industries sold 41,91,600 equity shares, about 19.95 percent of total capital, on 11.09.2026. Combined promoter holding fell sharply from 26.07 percent to 6.11 percent. Top sellers include Rajinder Kumar Singhania (6.19 percent), Harneesh Kaur Arora (3.97 percent), Saintco India LLP (3.30 percent), and Puneet Singhania (2.78 percent).
Likely market impact
Near-complete promoter exit may raise concerns about control, governance, and future direction of the company.