Promoter group sells 2.71% of V2 Retail; holding drops to 48.72%
V2RETAIL · price
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On the reaction day the stock moved 5.8 pts more than its Speciality Retail peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Ricon Commodities, part of V2 Retail's promoter group, sold 986,500 equity shares through a bulk sale on 6 November 2026. The shares represented 2.71% of paid-up capital. Together with associated promoter shareholders, the holding fell from 187,548,900 shares, or 51.43%, to 177,683,900 shares, or 48.72%.
The sale cuts promoter ownership below 50%, reducing control and potentially weighing on stock sentiment. The filing shows no pledged shares or other encumbrance.