Promoter to receive 24.34% of company shares through family gifts

Promoter Stake BuyOwnership Changes View source PDF Explain this filing

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

-0.8%Reaction day

₹390.95

prior close

₹395.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.3%+1.6% vs market

Other Textile Products peers, median of 186sector-2.3%+1.5% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 1.5 pts more than its Other Textile Products 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

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10m

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15m

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30m

-3.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.8-2.3+1.6-2.3+1.5

Next day

-2.8-1.9-0.9-2.0-0.8

-0.2-0.2+0.0-1.2+0.9

-0.2-0.2-0.1-1.1+0.8

-0.2+0.5-0.7-1.0+0.8

-1.5pendingpending-1.4-0.1

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15d

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 186Pending

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

AI summary

On or after October 29, 2026, promoter Bharatbhai Upendrabhai Patel proposes to receive 13,63,245 shares, equal to 24.34% of the company, through gifts among promoter-group relatives. No payment will be made. The family arrangement will not change the promoter group's combined stake.

Likely market impact

No cash changes hands and the promoter group's combined ownership stays unchanged, so the transfer should have limited impact on the stock price.