General Atlantic sells 8.45% stake in Rubicon Research via open market

Promoter sold over 1%FII holding declinedOwnership Changes View source PDF Explain this filing

RUBICON · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+2.0%Reaction day

₹1809.80

prior close

₹1826.20

announcement price

In-mkt

timing

Nifty Microcap 250market-0.2%+2.3% vs market

Pharmaceuticals peers, median of 173sector-0.0%+2.1% vs sector

On the reaction day the stock moved 2.3 pts more than Nifty Microcap 250 and 2.1 pts more than its Pharmaceuticals 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

-1.2

15m

-0.9

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.0-0.2+2.3-0.0+2.1

Next day

-0.5+0.1-0.5+0.3-0.8

+0.8+0.4+0.4+0.4+0.4

+1.1-0.6+1.7-0.0+1.1

+1.1-1.2+2.3+0.0+1.1

-2.0-0.6-1.4+0.6-2.7

-3.2+0.5-3.7+1.0-4.2

15d

-3.5-0.2-3.3+0.7-4.2

-11.1-1.5-9.6+0.0-11.1

-17.7-8.0-9.7-4.3-13.4

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UpDownMarket · Nifty Microcap 250Sector · Pharmaceuticals peers, median of 173Pending

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

AI summary

Promoter General Atlantic Singapore RR Pte Ltd sold 1.4 crore shares (8.45%) of Rubicon Research through on-market sales on August 25-26, 2026. Promoter holding fell from 35.79% to 27.34% of equity capital. The seller offloaded 1.46 lakh shares on August 25 and 1.39 crore shares on August 26. General Atlantic remains a promoter of the company post-sale.

Likely market impact

Promoter exit of over 8% may pressure the stock near-term due to supply overhang and may signal reduced conviction from key investor.