Promoter Karunakar gets 20 lakh shares via transmission from late father

Ownership Changes View source PDF Explain this filing

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

-1.4%Reaction day

₹118.80

prior close

₹118.60

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-1.8% vs market

Auto Components & Equipments peers, median of 124sector+0.0%-1.4% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 1.4 pts less than its Auto Components & Equipments 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

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.4+0.4-1.8+0.0-1.4

Next day

-0.7-0.2-0.5-0.4-0.2

+0.6+0.3+0.3-0.3+0.9

-1.0+0.6-1.6-0.4-0.6

-1.3+0.8-2.2-0.7-0.6

+0.2+0.4-0.2-1.6+1.7

-2.3+0.7-3.0-1.7-0.6

15d

-4.1+2.0-6.1-2.4-1.7

-7.4+0.7-8.1-2.6-4.8

-10.2-3.4-6.9-6.1-4.1

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UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 124Pending

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

AI summary

Promoter and Chairman Saripalli Karunakar received 20,00,000 equity shares (20.36%) by way of transmission from his deceased father Shri SDM Rao's estate. His stake in the company rose from 5.98% (5,86,971 shares) to 26.34% (25,86,971 shares). This is an inter-se transfer within the promoter family due to inheritance, not a market transaction. Total equity share capital remains 98,20,500 shares.

Likely market impact

Neutral event for shareholders; transmission within promoter family does not change company fundamentals or total promoter ownership.