Announced Mon, 6 Apr · 12:59 IST
Promoter Kumar Nair Gifts 12L Shares, Stake Drops to 51.45%
Ownership Changes View source PDF
TFL · 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
-1.9%1-day move
₹12.19
prior close
₹12.01
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+1.2-0.1-1.9+0.9+1.7-0.5+0.5+6.2+1.6+1.1+2.4-2.9
Up moveDown movePending
AI summary
Promoter Kumar Nair of Transwarranty Finance Ltd gifted 12,00,000 shares (2.18% of voting capital) to relatives and others via gift deeds executed on March 30, 2026. His holding fell from 53.63% (2.95 crore shares) to 51.45% (2.83 crore shares). This is a private off-market gift, not a market sale, so no shares were sold and there is no change in total equity share capital of the company.
Likely market impact
Private gift to relatives, not a market sale. No price impact or float change. Promoter still holds 51.45%, retaining majority control.