Announced Sat, 24 Oct, 2026 · 10:57 IST

Promoter group raises stake to 38.89% through preferential issue

Promoter Stake BuyPromoter Below 50pctOwnership Changes View source PDFExplain 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
-2.4%Reaction day
₹73.75
prior close
₹73.50
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-2.8% vs market
Packaging peers, median of 60sector-0.2%-2.2% vs sector

On the reaction day the stock moved 2.8 pts less than Nifty Microcap 250 and 2.2 pts less than its Packaging 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
5m
+7.5
10m
-2.0
15m
-2.0
30m
+5.3
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-2.4+0.4-2.8-0.2-2.2
Next day
+5.8+2.1+3.6+1.1+4.7
2d
+1.7pendingpending+1.6+0.1
3d
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4d
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5d
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1w
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15d
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1m
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2m
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3m
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UpDownMarket · Nifty Microcap 250Sector · Packaging peers, median of 60Pending

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

AI summary

The promoter group acquired 5,210,000 shares, or 22.53%, through a preferential issue on 22 October 2026. Its disclosed holding increased from 37,83,571 shares (34.97%) to 89,93,571 shares (38.89%), remaining below 50%. Total equity capital increased to 2,31,27,950 shares of Rs 10 each.

Likely market impact

The purchase strengthens promoter ownership, while the new share issue dilutes existing shareholders' ownership. The disclosed holding remains below 50%.