The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mrs. Neha Himesh Dadhia
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Mrs. Neha Himesh Dadhia, a member of the promoter group of Belding India Ltd (referred to as Synthiko Foils Limited in the disclosure form), has sold her entire holding of 1,63,600 equity shares on 3 September 2025. This represents 9.40% of the company's total equity capital (which stands at 17,40,000 shares of Rs. 5 each). Before the sale, she held 1,63,600 shares (9.40%); after the sale, her holding is Nil, meaning she has fully exited her stake. The transaction was disclosed under Regulation 29(2) of SEBI Takeover Regulations, with PACs listed as Yogesh Dadhia, Bhavesh Dadhia, Urmila Ramesh Dadhia, and Ramesh Dadhia.
This is a significant promoter exit, with the seller liquidating her entire 9.40% stake. Retail investors should view this as a negative signal — a promoter completely exiting can pressure the stock price and may indicate a loss of confidence in the company's prospects. Watch for further disclosures from other promoter group members to gauge the overall promoter stance.