Announced Tue, 23 Jun · 15:18 IST
Transmission of promoter shares from deceased member to legal heirs
Ownership Changes View source PDF
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
+2.3%1-day move
₹39.10
prior close
₹38.75
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0——+2.3+23.0+20.2+20.6+20.3+22.9+22.8+22.8——
Up moveDown movePending
AI summary
Sonal Adhesives informed BSE that 4,75,400 shares (about 5 percent equity) held by late Ms. Kamal Arora of the promoter group have been transmitted to her legal heirs: Mr. Sandeep M. Arora (3,30,031 shares), Ms. Megha M. Arora (63,269 shares) and Ms. Mona M. Arora (82,100 shares). Mr. Sandeep Arora is now classified as a promoter. Total promoter group holding remains unchanged as this is an internal family transfer following the demise of a promoter.
Likely market impact
Neutral for shareholders. No change in total promoter holding or control; only reshuffle within the promoter family due to transmission.