Announced Fri, 2 Oct, 2026 · 11:40 IST
Promoters sell shares to comply with minimum public shareholding norms
SHREEJISPG · price
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Price reaction · full curve 14 horizons · vs prior close
+2.6%1-day move
₹775.55
prior close
₹779.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4+0.6-0.1-0.7+2.6+3.4+3.3———————
Up moveDown movePending
AI summary
Promoters Ashokkumar Haridas Lal and Jitendrakumar Haridas Lal have completed an open market sale of 32,50,000 equity shares (1.99 percent of total equity) to meet minimum public shareholding norms under SEBI rules. Each promoter sold 16,25,000 shares (0.9974 percent of capital), staying below the 2 percent individual limit. Sale completed within the timeline mentioned in the August 27, 2026 intimation.
Likely market impact
Promoter stake reduction improves public float and helps company meet MPS compliance, supportive for stock liquidity and governance.