HUF in promoter group dissolves; 521 shares to transfer within promoters

Ownership 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

-3.2%Reaction day

₹4.38

prior close

₹4.53

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.6%-1.5% vs market

Other Textile Products peers, median of 186sector-1.0%-2.2% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 2.2 pts less than its Other Textile Products 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

-0.2

10m

-0.4

15m

-0.7

30m

-3.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.2-1.6-1.5-1.0-2.2

Next day

-3.7-1.0-2.7-1.2-2.5

-7.3-2.6-4.7-2.0-5.3

-8.7-5.1-3.5-3.9-4.8

-8.7-6.1-2.6-4.0-4.7

-14.4-8.3-6.1-6.4-8.0

-10.5-6.4-4.1-4.8-5.7

15d

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 186Pending

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

AI summary

Alok Praful Shah (HUF), part of the promoter group of Surat Trade and Mercantile Limited, has been dissolved. The HUF held 521 equity shares, which will be transferred to a recipient who will then be classified as a promoter under SEBI rules. Total promoter shareholding remains unchanged as the transfer is within the promoter group.

Likely market impact

No change in total promoter holding; this is a routine restructuring within the promoter group. Negligible impact on the stock.