Announced Tue, 18 Aug · 13:08 IST
Promoter SGSPL acquires 1.69 percent stake in Veedol via amalgamation
VEEDOL · 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
-0.1%1-day move
₹1517.00
prior close
₹1512.10
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.0——-0.1-0.4-0.8———————
Up moveDown movePending
AI summary
Standard Greases and Specialities (SGSPL), a promoter of Veedol Corporation, acquired 2,95,000 shares (1.69 percent) from Janus Consolidated Finance on August 16, 2026 via a Composite Scheme of Arrangement amalgamating Janus into SGSPL. SGSPL holding rose from 38.59 percent to 40.28 percent. Janus, part of promoter group, now holds nil. No open offer required under Regulation 10(1)(a)(ii) exemption.
Likely market impact
Internal promoter group restructuring. Promoter stake unchanged at about 40.28 percent. No open offer triggered.