Announced Tue, 14 Jul · 17:23 IST

Board approves reclassification of 3 promoters (2.28 percent stake) to Public category

Ownership Changes View source PDF

Price

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▲ 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
-3.8%1-day move
₹32.50
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.8-3.8-1.5-5.9
Up moveDown movePending
AI summary

Sanathnagar Enterprises board on July 14, 2026 approved reclassification of 3 promoter group members to Public category under SEBI Regulation 31A. Together they hold 72,090 shares (2.28% of paid-up capital). The outgoing promoters are not involved in management since 2010. Move subject to BSE no-objection and shareholder approval.

Likely market impact

Minor reclassification; promoter group stake drops by 2.28%, marginally lifting public shareholding. Subject to BSE and shareholder approval.