Announced Fri, 19 Jun · 17:11 IST
Promoter group to sell 11.55% stake via OFS on June 22-23, 2026
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Price
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Price reaction · full curve 14 horizons · vs prior close
-4.9%1-day move
₹820.00
prior close
₹801.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+6.1+1.1+3.0-4.9-8.4-9.1-8.2-9.1-8.3-12.8-13.4——
Up moveDown movePending
AI summary
Vital Connections LLP, a promoter group entity of Riddhi Siddhi Gluco Biols, plans to sell up to 8,23,422 equity shares (11.55% of paid-up capital) via OFS on BSE. Floor price set at Rs. 730 per share. Non-retail bidding on June 22, retail on June 23, 2026. No retail discount. Purpose is to meet minimum public shareholding norms following a SEBI order and SAT ruling. Kotak Securities is the seller broker.
Likely market impact
OFS adds supply overhang but helps achieve MPS compliance. Floor price of Rs. 730 is the minimum bid; retail bidders may bid at cut-off price.