SRF Shares Dip as Promoter Kama Holdings Plans 3% Stake Sale

• SRF shares fell after promoter Kama Holdings announced plans to dispose of up to 3% of SRF's paid-up share capital.
• The stake sale will occur through open market transactions and requires shareholder approval via a special resolution.
• This disposal could lead to Kama Holdings' shareholding in SRF dropping below 50%.
• The transaction is expected to be completed by March 31, 2027, with no promoter or promoter group entity involved in the purchase.
• The announcement caused SRF shares to close down 3.93% at ₹2,735.80 on the NSE, despite recent strong Q3 results.