Announced Wed, 24 Jun · 19:30 IST
Promoter group sells 11.55% stake via OFS to meet minimum public shareholding
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Price
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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, a promoter group entity, sold 8,23,422 equity shares (11.55% of paid-up capital) through an Offer for Sale on June 22-23, 2026 via stock exchange. This reduced promoter group holding from 86.55% to 75% and lifted public shareholding to 25%, achieving the Minimum Public Shareholding requirement under SEBI LODR and SCRR rules.
Likely market impact
Company has met the 25% minimum public shareholding rule. Higher public float may improve stock liquidity and trading volumes.