The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mentor Capital Ltd & PAC
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Mentor Capital Ltd, part of the promoter group of Authum Investment & Infrastructure Ltd, sold 46,61,309 shares (2.74% of equity) through open market transactions on August 14, 2025. After this sale, Mentor Capital's individual holding fell from 6.24% (1,05,90,936 shares) to 3.49% (59,29,627 shares). The other promoter group entity, Mrs. Alpana Dangi, continues to hold 65.30% (11,09,09,060 shares) unchanged. Combined promoter group holding decreased from 71.54% to 68.79% post the transaction. The disclosure was filed under Regulation 29(2) of SEBI Takeover Regulations, which mandates promoter reporting for stake changes of 2% or more.
Control of the company remains firmly with the promoter group as Alpana Dangi retains a dominant 65.30% stake. However, open market selling by a promoter entity can create short-term supply pressure and may be viewed cautiously by retail investors as it reduces promoter skin-in-the-game.