The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anjay Agarwal
AAATECH · price
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Anjay Agarwal, Promoter, Chairman and Managing Director of AAA Technologies Limited, has sold 5,72,829 equity shares (4.47% of total share capital) through open market transactions between September 24 and September 26, 2025. His holding has reduced from 25,27,800 shares (19.71%) to 19,54,971 shares (15.24%). The sale was executed in two tranches: 1,97,829 shares on September 24 and 3,75,000 shares on September 26. No encumbered shares were involved, and the shares carry only voting rights with no warrants or convertible securities. The disclosure has been filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011.
This is a significant open-market sell-off by the Chairman and MD, reducing his stake by nearly a quarter (from 19.71% to 15.24%). Retail investors may view this negatively as it could signal a loss of promoter confidence or personal liquidity needs, and may exert short-term downward pressure on the stock price.