Announced Thu, 25 Jun · 08:32 IST

Promoter entity Vital Connections LLP sold 11.55% stake via OFS

Promoter Stake Sell 1pctPromoter Below 50pctOwnership Changes View source PDF

Price

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▲ 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
+0.4%1-day move
₹750.00
prior close
₹740.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+2.0+1.4+0.4-0.6-0.1+0.3-0.6-4.1-3.3-2.7
Up moveDown movePending
AI summary

Vital Connections LLP, part of the promoter group, sold 8,23,422 equity shares (11.55%) of Riddhi Siddhi Gluco Biols through an Offer for Sale on BSE on 22 and 23 June 2026. Promoter holding fell sharply from 12.01% to 0.46%. The OFS was conducted using the SEBI stock exchange mechanism as per the December 2024 master circular.

Likely market impact

Significant promoter group exit cuts their stake to near zero. May weigh on sentiment due to overhang supply and signals reduced promoter commitment.