Announced Thu, 2 Jul · 09:25 IST
Promoter Arun Kumar Saraf acquires 11.72% stake via inter-se gift transfer
RHL · 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
+2.7%1-day move
₹175.90
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+2.7+3.7+3.1-0.1+2.3-1.5-4.0———
Up moveDown movePending
AI summary
Promoter Arun Kumar Saraf received 20,26,520 equity shares (11.72%) of Robust Hotels Ltd via off-market inter-se gift transfer, likely from Ratna Saraf whose holding fell from 23.44% to 11.72%. Arun's stake rose from 0.08% to 11.80%. The transaction is exempt under Regulation 10(1)(a)(i) as it is between immediate relatives who are promoters. Aggregate promoter group holding stays unchanged at 65.63%. No cash exchanged.
Likely market impact
Internal promoter reshuffle by way of gift. Aggregate promoter control unchanged at 65.63%. No material impact on stock or minority shareholders.