SHOPERSTOPBSEShoppers Stop LtdMediumNeutral
Announced Thu, 9 Jul · 12:15 IST

Board approves reclassification of two promoter group entities to Public category

Ownership Changes View source PDF

SHOPERSTOP · 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
+5.6%1-day move
₹344.50
prior close
₹345.65
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.3-0.4+5.6+8.1+9.1+14.4+16.3+14.4
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AI summary

Shoppers Stop's Board approved reclassifying Content Properties Private Limited and Sycamore Properties Private Limited from the Promoter Group to Public shareholder category under SEBI Regulation 31A. Both entities currently hold zero shares. The company will now apply to stock exchanges for approval of this reclassification.

Likely market impact

No change in shareholding as both entities hold zero shares. Formal reclassification with no material impact on stock.