Promoter Thirumalai Chemicals sells 5 percent stake in Ultramarine and Pigments

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

ULTRAMAR · 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

-2.1%Reaction day

₹445.00

prior close

₹436.45

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%-2.7% vs market

Dyes And Pigments peers, median of 9sector+1.7%-3.8% vs sector

On the reaction day the stock moved 2.7 pts less than Nifty Microcap 250 and 3.8 pts less than its Dyes And Pigments 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

-0.0

10m

-0.2

15m

-0.1

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.1+0.6-2.7+1.7-3.8

Next day

-1.8+1.3-3.1+2.4-4.2

-3.6+1.7-5.3+8.9-12.5

-4.9+2.2-7.2+9.1-14.1

-3.5+2.1-5.6+5.4-9.0

-3.4+1.9-5.3+1.5-4.9

-5.8-1.3-4.5-0.5-5.3

15d

-3.6+1.3-4.9+7.2-10.8

-9.1-0.8-8.3-1.5-7.6

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UpDownMarket · Nifty Microcap 250Sector · Dyes And Pigments peers, median of 9Pending

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

AI summary

Thirumalai Chemicals, a promoter of Ultramarine and Pigments, sold 14,60,000 shares (5 percent) via a block deal on 31 August 2026. Its stake fell from 14.38 percent (41,98,837 shares) to 9.38 percent (27,38,837 shares). The total share capital remains 2,92,00,000 equity shares of Rs 2 each.

Likely market impact

Promoter stake cut of 5 percent via block deal may pressure the stock short term; promoter still holds 9.38 percent.