SURYODAYNSESuryoday Small Finance Bank LimitedMediumPositive
Announced Wed, 18 Mar · 21:51 IST

Intimation regarding purchase of 50,000 Equity Shares of the Bank by the Promoter and Managing Director & CEO of the Bank as per the Trading Plan

Promoter Stake BuyPromoter Below 50pctOwnership Changes View source PDF

SURYODAY · price

Loading chart…

▲ 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
₹127.50
prior close
₹125.84
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3+0.6+0.4+0.7-3.1-2.4-1.2-0.4+1.0-2.3+9.0+13.1+27.1+37.1
Up moveDown movePending
AI summary

Mr. Baskar Babu Ramachandran, Promoter and Managing Director & CEO of Suryoday Small Finance Bank, bought 50,000 equity shares from the open market — 14,000 on March 17, 2026 and 36,000 on March 18, 2026. The purchase was executed under a Trading Plan previously submitted to the stock exchanges in November 2025, as required under SEBI insider trading rules. After this buy, total promoter group holding rose marginally from 22.44% to 22.48%, and his personal holding moved from 5.18% to 5.22%. The bank confirmed the holding remains within RBI pre-approved limits and applicable regulatory provisions.

Likely market impact

This is a small open-market purchase by the CEO in line with a pre-announced trading plan, signalling personal confidence in the bank. However, the change in promoter stake is only 0.04%, so it is unlikely to meaningfully move the share price on its own.