Announced Thu, 9 Jul · 16:46 IST
Promoter Murali Malayappan acquires 4 lakh shares via inter-se promoter transfer
SHRIRAMPPS · price
▲ 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
+0.6%1-day move
₹88.50
prior close
₹88.52
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+0.5+0.5+0.5+0.6-1.1-1.4-1.7-1.5-0.3————
Up moveDown movePending
AI summary
Promoter Murali Malayappan indirectly acquired 4,03,402 shares (5.91% of capital) of Shriram Properties from Shriram Group Executives Welfare Trust, with SEBI approval under Regulation 11. His indirect holding rose from 19.29% to 25.20%, while direct holding stayed at 0.08%. Since shares moved within the promoter group, overall promoter control remains unchanged.
Likely market impact
Internal promoter group reshuffle. Total promoter stake unchanged, so no material impact on minority shareholders or stock price.