Promoter relatives transfer 3.51 percent shares as a gift
SINDHUTRAD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.4 pts less than its Oil Gas & Consumable Fuels peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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On 30 September 2026, 64,751,092 shares, equal to 3.51 percent of issued equity, were gifted by three promoter-family members to relatives within the promoter group. The recipients' combined stake rose from 10.64 percent to 14.15 percent, while the donors' fell from 16.26 percent to 12.75 percent. Total promoter-group ownership remained unchanged at 73.93 percent.
This is an internal promoter-group reshuffle, not a cash purchase or sale. Overall promoter control is unchanged, so there is no clear direct price impact.