The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Akme Build Estate Ltd
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Awaiting price reaction for this filing.
Akme Build Estate Ltd, a promoter group entity of Akme Fintrade (India), sold 28,30,000 equity shares through the open market on 27 May 2025. Before the sale, Akme Build Estate held 36,75,000 shares (0.86% of share capital); after the sale it holds just 8,45,000 shares (0.20%). This means the promoter group entity has offloaded roughly 77% of its existing stake in the company. The transaction was disclosed to the exchanges under SEBI's Substantial Acquisition of Shares & Takeovers Regulation 29(2), which mandates promoters to report changes in their holdings.
A promoter group entity trimming its stake is generally viewed as a soft negative signal and may add short-term selling pressure on the stock. With the promoter holding now down to just 0.20%, further large exits from this entity are limited, but retail investors should track price movement and any further disclosures.