SPARC files application to reclassify from Promoter Group to Public category

Ownership Changes View source PDF Explain this filing

SPARC · 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

-2.9%Reaction day

₹205.00

prior close

₹204.35

announcement price

After-mkt

timing

Nifty Microcap 250market+0.1%-3.0% vs market

Pharmaceuticals peers, median of 166sector-0.4%-2.5% vs sector

On the reaction day the stock moved 3.0 pts less than Nifty Microcap 250 and 2.5 pts less than its Pharmaceuticals 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

Stock

+0.1

10m

+0.7

15m

-0.1

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.9+0.1-3.0-0.4-2.5

Next day

-3.3+0.2-3.5-0.3-3.0

-5.1+0.6-5.7-0.5-4.6

-5.9-0.0-5.9-1.3-4.6

-2.2+0.5-2.8-0.8-1.4

-4.0+0.8-4.8-0.4-3.7

-4.9+0.6-5.5-0.9-4.0

15d

-2.5+1.3-3.8+0.0-2.6

-8.4-1.4-7.1-0.1-8.4

-6.3-0.6-5.8-2.6-3.7

—————

UpDownMarket · Nifty Microcap 250Sector · Pharmaceuticals peers, median of 166Pending

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

AI summary

SPARC has filed an application with NSE and BSE seeking approval to reclassify itself from the 'Promoter Group' category to the 'Public' category under Regulation 31A of SEBI Listing Regulations. This follows earlier intimations dated July 27 and August 10, 2026. The company now awaits no objection or approval from the stock exchanges for this reclassification.

Likely market impact

Procedural filing awaiting stock exchange approval; limited direct impact on shareholders until approval and effective date are confirmed.