Announced Mon, 15 Jun · 20:01 IST
Promoter inter-se transfer: Time Securities Services to acquire 10.5L shares
TIMETECHNO · price
▲ 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
+1.1%1-day move
₹177.35
prior close
₹178.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.7-0.3-1.1+1.1+0.5+0.8-0.8+0.2+3.3-1.7+13.3——
Up moveDown movePending
AI summary
Time Technoplast's promoter entity Time Securities Services Pvt Ltd will acquire up to 10,50,000 equity shares from three individual promoters — Mr. Naveen Kumar Jain (2L), Mr. Raghupathy Thyagarajan (4L), and Mr. Vishal Anil Jain (4.5L) — on or after June 22, 2026. This is an inter-se transfer under SEBI Regulation 10(1)(a)(ii), exempt from open offer. Price will not exceed SEBI-prescribed limits. Aggregate promoter holding remains unchanged at 47.56% — a consolidation of holdings among promoters.
Likely market impact
No change in total promoter stake (47.56%). Internal reshuffle into promoter entity; neutral for retail shareholders.