Promoters reshuffle 26.6469% stake; total promoter holding unchanged
SADHNANIQ · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.5 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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On 31 October 2025, Asit Dhankumar Javeri and Abhishek Asit Javeri plan to acquire 43,888,500 shares each from Manekchand Panachand Trading Investment Co. The private transfers total 87,777,000 shares, or 26.6469% of capital, at Rs 6.17 per share versus a 60-day VWAP of Rs 8.69. The seller will retain 1,021 shares, and combined promoter ownership will not change. The stated aim is a tax-efficient holding structure.
Because total promoter ownership is unchanged, this is mainly an internal reshuffle, not a new stake build. Near-term stock impact is likely limited.