Announced Sat, 29 Aug, 2026 · 18:19 IST
Promoter sells 5 lakh shares; stake drops from 49.88% to 48%
SPAL · 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
+0.4%1-day move
₹1021.00
prior close
₹1050.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-2.7-1.4-1.7+0.4+6.0+4.4+4.8+4.7-0.4-4.5-6.3——
Up moveDown movePending
AI summary
Managing Director P. Sundararajan sold 5,00,000 equity shares of S.P. Apparels through a market transaction on Aug 28, 2026. His stake fell from 49.88 percent (1.25 crore shares) to 48 percent (1.20 crore shares), a reduction of about 1.88 percentage points. Disclosed under SEBI insider trading regulations via Form C.
Likely market impact
Promoter stake now below 50 percent; insider sale may weigh on short-term price sentiment.