Announced Fri, 19 Jun · 10:50 IST

Promoter group entity Alpha Stitch-Art sells 2.62 percent stake in Zenith Fibres

Promoter Stake Sell 1pctOwnership Changes View source PDF

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

+0.3%1-day move

₹52.15

prior close

₹51.99

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.0+0.0+0.0+0.3-1.2-2.2+0.3-2.1+0.7+1.6+3.5——

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AI summary

Alpha Stitch-Art Pvt Ltd, part of the promoter group of Zenith Fibres, sold 1,03,500 shares (2.62 percent stake) on June 16, 2026. Of this, 1,00,000 shares (2.54 percent) were transferred inter-se to Mrs Pinky Rungta, another promoter group member, while 3,500 shares (0.09 percent) were sold in the open market. As a result, Alpha Stitch-Arts holding fell from 11.41 percent (4,50,000 shares) to 8.79 percent (3,46,500 shares). Disclosure filed under SEBI SAST Regulation 29(2).

Likely market impact

Promoter group holding drops from 11.41 percent to 8.79 percent. Mostly an internal reshuffle within the promoter group, with negligible open market impact.