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VALIANTLAB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Valiant Organics Limited (a promoter group member) will acquire 1,86,07,531 equity shares (34.26%) of Valiant Laboratories Limited from fellow promoter entity Dhanvallabh Ventures LLP via off-market transaction. Pre-transaction, DVLLP held 46.84% which will reduce to 12.58% post-transfer, while VOL moves from 0% to 34.26%. The transaction is exempt from open offer under Regulation 10(1)(a)(iii) as an intra-promoter group transfer. The 60-day VWAP reference price is Rs. 62.71 per share with a maximum permissible price of Rs. 78.39 (25% ceiling). The deal is part of a restructuring exercise by Valiant Organics Limited, subject to requisite approvals.
This is an intra-group restructuring shifting a controlling stake from one promoter entity to another, with no change in effective promoter holding. The stock is unlikely to react materially since the acquirer is already part of the promoter group.