OFS seller revised: Vital Connections LLP replaces promoter for MPS compliance

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

+1.3%Reaction day

₹800.00

prior close

₹821.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+0.7% vs market

Trading & Distributors peers, median of 133sector+0.0%+1.3% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 1.3 pts more than its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.4

10m

-1.3

15m

-1.3

30m

-2.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.3+0.6+0.7+0.0+1.3

Next day

+2.5+1.7+0.8+0.0+2.5

+3.7+2.1+1.6+0.0+3.7

+2.5+3.0-0.5+0.0+2.5

+3.7+3.8-0.1+0.4+3.4

-2.5+3.1-5.6+0.0-2.5

-6.8+2.4-9.2+0.0-6.8

15d

-12.4+1.3-13.6-3.0-9.4

-7.8+3.9-11.7-2.0-5.8

-7.5+7.4-14.9-2.8-4.7

-9.0+5.6-14.6-5.7-3.3

UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 133Pending

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

AI summary

Riddhi Siddhi Gluco Biols Ltd has amended its April 8, 2026 disclosure for an Offer for Sale of 8,23,422 equity shares (11.55% of capital) to meet the 25% Minimum Public Shareholding (MPS) requirement. The selling shareholder has been changed from promoter Ganpatraj Lalchand Chowdhary (17.92% holding) to Vital Connections LLP (12.01% holding), a promoter group entity. The share quantity and post-OFS structure remain unchanged: Promoters 75%, Public 25%. This follows a SEBI order (Aug 2021) upheld by SAT (March 2026).

Likely market impact

No change in shares offered or post-OFS structure. Near-term supply overhang possible when OFS launches; public holding rises to mandatory 25%.