Denies awareness of Flipkart stake sale news report

Ownership Changes View source PDF Explain this filing

SHADOWFAX · price

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Price reactionminutes from the announcement price · days from the prior close

-6.5%Reaction day

₹222.00

prior close

₹208.20

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.0%-5.5% vs market

Logistics Solution Provider peers, median of 44sector-1.2%-5.3% vs sector

On the reaction day the stock moved 5.5 pts less than Nifty Microcap 250 and 5.3 pts less than its Logistics Solution Provider 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

Stock

+0.9

10m

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15m

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30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-6.5-1.0-5.5-1.2-5.3

Next day

-7.7-0.4-7.4-0.7-7.0

-8.2-0.8-7.4-1.1-7.2

-3.2-1.9-1.3-1.9-1.3

+1.0-1.3+2.3-1.9+2.9

-1.0-1.0-0.1-2.1+1.1

-2.0-2.8+0.8-2.9+0.9

15d

+12.1+0.4+11.8-2.0+14.1

+13.4+2.4+11.0-2.5+15.9

+9.4+1.0+8.5-5.7+15.1

+32.6+1.8+30.8-5.3+37.9

UpDownMarket · Nifty Microcap 250Sector · Logistics Solution Provider peers, median of 44Pending

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

AI summary

Shadowfax Technologies clarified to NSE and BSE that it is not aware of any negotiations for Flipkart selling stake worth about Rs. 700 crore, as reported by Moneycontrol on July 13. The company also stated it has no undisclosed information that could explain recent share price movement. Since the company denies awareness, it cannot confirm or deny the factual accuracy of the news item.

Likely market impact

Denial may dampen stake sale speculation, but stock could stay volatile until Flipkart officially clarifies its holding plans.