Promoter Hemal Mehta's pledge of 20 lakh shares released

Pledge releasedOwnership 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

-1.4%Reaction day

₹40.05

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-1.2% vs market

Specialty Chemicals peers, median of 100sector-0.4%-1.0% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 1.0 pts less than its Specialty Chemicals 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

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.4-0.2-1.2-0.4-1.0

Next day

-2.6-0.1-2.5-1.4-1.3

-2.6-3.4+0.7-3.3+0.7

-0.1-3.5+3.4-3.4+3.3

-0.1-2.7+2.5-2.2+2.1

-0.1-1.1+1.0-1.5+1.4

-0.1-0.8+0.7-1.0+0.8

15d

-7.4-2.9-4.5-4.4-3.0

-3.3-3.5+0.1-3.6+0.3

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UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 100Pending

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

AI summary

Promoter Hemal Vasantrai Mehta has had a pledge on 20 lakh (20,00,000) equity shares of Sudarshan Pharma Industries released. The company filed a revised disclosure under SEBI SAST Regulations 31(1) and 31(2) with BSE on 9 September 2026, following an earlier intimation email dated 4 September 2026.

Likely market impact

Release of a promoter pledge reduces encumbrance on promoter holdings, generally seen as a positive signal for shareholders and stock sentiment.