Announced Thu, 3 Sept, 2026 · 10:57 IST
Promoter group Thirumalai Chemicals sells 5 percent stake via block deal
ULTRAMAR · 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
-1.8%1-day move
₹445.00
prior close
₹434.15
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.1+1.1+0.8-1.8-3.6-4.9-3.5-3.4-5.8-3.6-9.1——
Up moveDown movePending
AI summary
Thirumalai Chemicals Ltd, part of the promoter group, sold 14,60,000 equity shares (5 percent) of Ultramarine and Pigments Ltd through a block deal on the stock exchange on 31 August 2026. Its holding fell from 14.38 percent (41,98,837 shares) to 9.38 percent (27,38,837 shares). The total equity share capital of the company is 2,92,00,000 shares of Rs 2 each.
Likely market impact
Promoter group trimming stake may signal reduced conviction; post-sale holding of 9.38 percent stays above key disclosure thresholds but closer to lower band.