Shanti Overseas divests 100% stake in material subsidiary Shaan Agro Oils

Core Business DivestedStrategic Transactions View source PDF Explain this filing

SHANTI · price

Loading chart…

▲ 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

-0.5%Reaction day

₹5.55

prior close

₹5.49

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+0.7% vs market

Other Agricultural Products peers, median of 59sector-0.9%+0.4% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 0.4 pts more than its Other Agricultural Products 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

+0.0

10m

+0.0

15m

-3.3

30m

+3.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.5-1.3+0.7-0.9+0.4

Next day

-1.3-1.3+0.0-0.4-0.9

-1.1+0.0-1.1-0.2-0.9

-1.6-0.2-1.4-0.3-1.3

-0.9-3.0+2.1-2.5+1.6

+2.5-2.7+5.2-1.5+4.0

-0.9-1.7+0.8-0.7-0.2

15d

-5.4-8.9+3.5-8.1+2.7

—————

UpDownMarket · Nifty Microcap 250Sector · Other Agricultural Products peers, median of 59Pending

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

AI summary

Shanti Overseas India has completed the divestment of its entire 100 percent equity stake of 45,60,000 shares in material subsidiary Shaan Agro Oils and Extractions Private Limited. Sale consideration of Rs. 45,600 received on September 30, 2026. With effect from the same date, Shaan Agro Oils has ceased to be a material subsidiary of the company. Board and shareholders had approved the disinvestment earlier in September 2026.

Likely market impact

Full exit from a material subsidiary at nominal consideration of about Rs 1 per share. Simplifies group structure but raises questions on value realisation.