Announced Fri, 19 Jun · 10:45 IST
Serum Institute cuts stake in Ravinder Heights via open market sale
Ownership Changes View source PDF
RVHL · 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
+4.3%1-day move
₹46.00
prior close
₹45.19
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.1+0.1+4.3-2.4+1.1+0.0-3.7-4.8-2.2-0.7——
Up moveDown movePending
AI summary
Serum Institute of India and PAC Adar Poonawalla sold 12,69,547 shares (2.07 percent) of Ravinder Heights in the open market on June 16, 2026. Their stake fell from 9.39 percent (57,58,775 shares) to 7.32 percent (44,89,228 shares). The acquirer is not part of the promoter group.
Likely market impact
A large non-promoter shareholder trimming its stake may signal weak conviction, though the remaining holding of over 7 percent is still significant.