Promoter group sells 30 lakh shares, cutting holding by 1.84 percent
SHREEJISPG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.4 pts more than its Shipping peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Promoter Ashokkumar Haridas Lal and person acting in concert Jitendra Haridas Lal sold 30,00,000 shares through the stock exchange offer-for-sale route on November 3 and 4, 2026. Their combined voting stake fell from 88.001 percent to 86.160 percent.
Promoter selling may hurt sentiment and create short-term price pressure, although the group still holds 86.16 percent of the company.