Promoters complete Rs 835-floor sale of 30 lakh shares
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.
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The two promoters completed a sale of 30 lakh equity shares through NSE on November 3 and 4, 2026, at a floor price of Rs 835 per share. The sale equalled 1.84% of paid-up capital. Each promoter sold 15 lakh shares, reducing individual holdings from 40.85% to 39.93%. The promoters did not sell the additional 13.5 lakh shares allowed under the oversubscription option.
The sale adds market supply and may weigh on sentiment. Both promoters retain 39.93% each, so control remains broadly unchanged.