Announced Tue, 1 Sept · 10:33 IST
Non-promoter ACRE trims VISA Chrome stake to 2.61 percent in open market sale
VISACHROME · 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
-5.9%1-day move
₹41.02
prior close
₹41.59
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
——+0.0-1.4-5.9-6.0-7.1-10.6-12.0-14.7————
Up moveDown movePending
AI summary
Assets Care & Reconstruction Enterprise (ACRE), acting as trustee for 14 ACRE trusts and not part of the promoter group, sold 67,60,000 equity shares of VISA Chrome (formerly VISA Steel) in the open market on August 27, 2026. This is a revised disclosure after an extra 4,747 shares were also sold by the broker the same day. ACRE's holding dropped from 7.25 percent (1,05,63,899 shares) to 2.61 percent (38,03,899 shares), a reduction of 4.64 percent.
Likely market impact
Large non-promoter financial creditor exiting the stock via open market; could weigh on price and reduce float demand.