BSEShree Securities LtdMediumNeutral
Announced Tue, 16 Jun · 16:50 IST

Reclassification of 5 persons/entities from Promoter Group to Public category

Ownership Changes View source PDF

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
+4.8%1-day move
₹0.21
prior close
₹0.21
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+4.8+4.8+4.8+4.8+9.5+9.5+9.5+4.8+0.0+0.0+0.0
Up moveDown movePending
AI summary

Shree Securities Ltd has applied to BSE to reclassify 5 persons/entities from 'Promoter/Promoter Group' to 'Public' category. The main trigger is the demise of promoter Mr. Manik Chand Pugalia on Dec 4, 2024, who held 35.25 lakh shares (0.44%). The other 4 — Amrita Sharma (1,000 shares), Subhash Chandra Dadhich (1,000 shares), Faber Trexim Pvt Ltd (0 shares) and Meghshree Credit Pvt Ltd (0 shares) — hold negligible or no shares. This is a procedural reclassification following the promoter's death, not a stake sale or change in control.

Likely market impact

Minor procedural update affecting only ~0.44% of shares. No change in control or stake sale; existing promoter group remains intact.