BSEZenith Fibres Ltd-$MediumNeutral
Announced Tue, 9 Jun · 16:59 IST

The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....

Promoter Stake BuyPromoter Stake Sell 1pctOwnership Changes View source PDF

Price

Loading chart…

▲ 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
-1.7%1-day move
₹53.90
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.7-5.4-4.0-5.4-2.6-5.2-2.6-3.3
Up moveDown movePending
AI summary

Mrs. Pinky Rungta, a promoter of Zenith Fibres Limited, has informed BSE of a proposed inter-se transfer of up to 1,00,000 equity shares (2.54% of share capital) from Alpha Stitch-Art Pvt. Ltd. (another promoter group entity) to herself. The transfer is expected to take place on or after June 16, 2026, in one or more tranches, at a price not exceeding the 60-day VWAP of Rs. 50.50 plus 25%, as permitted under Regulation 10(1)(a)(ii). Post-transaction, Pinky Rungta's stake will rise from 31.85% (12,56,022 shares) to 34.38% (13,56,022 shares), while Alpha Stitch-Art's stake will fall from 11.41% to 8.87%. Total promoter group shareholding remains unchanged.

Likely market impact

This is an internal reshuffle within the promoter family and does not change the overall promoter group holding in the company. No open offer is triggered, so there is no material impact on public shareholders or the stock price.