GRT Jewellers takes 74.12% of TBZ and becomes promoter

Promoter bought stakePromoter sold over 1%Ownership Changes View source PDF Explain this filing

TBZ · 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

+5.5%Reaction day

₹575.05

prior close

₹560.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+2.2%+3.3% vs market

Gems Jewellery And Watches peers, median of 29sector+2.5%+3.0% vs sector

On the reaction day the stock moved 3.3 pts more than Nifty Microcap 250 and 3.0 pts more than its Gems Jewellery And Watches 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

-1.2

10m

-0.9

15m

-1.1

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.5+2.2+3.3+2.5+3.0

Next day

+5.5pendingpending+4.5+1.0

+2.9pendingpending+2.7+0.2

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15d

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UpDownMarket · Nifty Microcap 250Sector · Gems Jewellery And Watches peers, median of 29Pending

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

AI summary

GRT Jewellers (India) bought 4,94,59,775 TBZ shares through an off-market purchase on 30 October 2026, taking its stake from nil to 74.12% of 6,67,30,620 voting shares. GRT gained control and promoter status. Former promoter sellers transferred all their shares and ceased to be promoters.

Likely market impact

Control has shifted to GRT, which now holds 74.12% voting rights. The stock may react as governance and strategy come under a new promoter.