Sanghvi Movers promoter gifts 12.19 percent stake to spouse via inter-se transfer
SANGHVIMOV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.5 pts less than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Mr. Rishi C Sanghvi, promoter of Sanghvi Movers, proposes to gift 1,05,53,614 equity shares (12.19 percent of capital) to his spouse Mrs. Maithili Rishi Sanghvi by way of inter-se transfer on or before September 8, 2026. No cash consideration is involved. Maithili's holding rises from 1.00 percent to 13.19 percent, while Rishi's falls from 28.82 percent to 16.63 percent. Total promoter group holding stays unchanged.
Neutral for shareholders. No change in total promoter holding and no cash involved, just a family reshuffle of stakes within the promoter group.