Announced Tue, 30 Jun · 22:47 IST
Four promoter group entities seek reclassification to public category
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
+3.1%1-day move
₹6.50
prior close
₹6.21
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
——-0.2—+3.1+1.1+2.0-1.5-3.8-1.8-7.7———
Up moveDown movePending
AI summary
Star Housing Finance received requests from four promoter group entities - Akme Fintrade India Ltd, Nirmal Kumar Jain HUF, Jamak Lal Jain, and Manak Chand Jain - seeking reclassification to public category under SEBI Regulation 31A. All four currently hold zero equity shares and state they never had control over company affairs. The company will process these requests as per listing regulations.
Likely market impact
No impact on shareholding as all four entities hold zero shares. This is a cleanup of promoter category classification only.