ICICI Bank sells 2.17 percent stake in Shree Renuka Sugars

Ownership Changes View source PDF Explain this filing

RENUKA · price

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▲ 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

+0.0%Reaction day

₹25.22

prior close

₹25.65

announcement price

After-mkt

timing

Nifty Microcap 250market+0.3%-0.3% vs market

Sugar peers, median of 27sector+1.0%-1.0% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 1.0 pts less than its Sugar 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

+2.9

10m

+3.2

15m

+3.7

30m

+5.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.0+0.3-0.3+1.0-1.0

Next day

-1.9-0.2-1.7-1.3-0.6

-4.7+0.4-5.1-2.8-1.9

-7.0+0.2-7.1-5.4-1.6

-4.2+0.5-4.6-3.6-0.5

-1.3+0.8-2.1-2.3+1.0

-4.8-0.8-4.1-5.6+0.8

15d

-7.0-2.1-4.9-14.1+7.0

-9.2+0.2-9.4-13.6+4.4

-28.6-9.2-19.4-15.9-12.7

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UpDownMarket · Nifty Microcap 250Sector · Sugar peers, median of 27Pending

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

AI summary

ICICI Bank (not a promoter) sold 4.61 crore equity shares of Shree Renuka Sugars via open market in multiple tranches, the last being on August 20, 2026. This represents 2.17 percent of the company's paid-up equity capital. Its stake dropped from 8.96 percent to 6.79 percent.

Likely market impact

Non-promoter institutional exit of over 2 percent can weigh on the stock and may signal weak confidence from a major holder.