Denial of media report on Lucknow Super Giants stake sale

Strategic Transactions View source PDF Explain this filing

RPSGVENT · price

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

-3.2%Reaction day

₹875.00

prior close

₹864.85

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.8%-0.4% vs market

Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO) peers, median of 7sector-1.1%-2.1% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and 2.1 pts less than its Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO) 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

+1.3

10m

+0.8

15m

+1.2

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.2-2.8-0.4-1.1-2.1

Next day

+2.2-2.5+4.7-0.9+3.1

+0.4-1.7+2.0+0.1+0.2

-0.5-1.5+1.0+3.7-4.2

+1.3-0.8+2.1+5.1-3.8

+1.1-2.4+3.6+3.5-2.4

+2.1-3.4+5.4-0.3+2.3

15d

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UpDownMarket · Nifty Microcap 250Sector · Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO) peers, median of 7Pending

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

AI summary

Media outlet LiveMint reported that RPSG Group plans to sell a 15 to 20 percent stake in Lucknow Super Giants (LSG) and had appointed a banker for the deal. The company has categorically denied this, stating there is no proposal, plan or decision to divest any stake in LSG at this point, and that no banker has been appointed for any such transaction.

Likely market impact

Company has officially denied the reported stake sale. Stock may see relief if it had moved on the rumor; investors should await any confirmed disclosure.