Announced Wed, 3 Jun · 15:10 IST

Veto Switchgears And Cables Limited has informed the Exchange about General Updates transfer of shares by way of gift

Ownership Changes View source PDF

VETO · price

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▲ 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
+3.7%1-day move
₹123.75
prior close
₹121.98
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.2-0.7+3.7+16.4+14.7+20.0+17.2+17.3+3.1+1.8
Up moveDown movePending
AI summary

Veto Switchgears And Cables Limited has informed the stock exchange about a general update regarding the transfer of shares by way of gift. The specific details such as the names of the donor and recipient, number of shares, and the resulting change in shareholding pattern were not disclosed in the headline. Gift transfers typically occur between promoter family members and do not involve any monetary consideration. Shareholders should refer to the detailed filing or the company's website for complete information on the parties involved and the quantum of shares transferred.

Likely market impact

Gift transfers between promoter group entities or family members generally do not impact the overall promoter shareholding or the stock price, as no cash transaction is involved. Investors should monitor for any subsequent disclosure on changes in the promoter or promoter group shareholding percentage.