The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Triton Trading Company Pvt Ltd
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Triton Trading Company Private Limited, part of the promoter group of Binani Industries Limited, has sold 80,000 equity shares (0.26% of total share capital) through open market transactions on 24 June 2025. Before the sale, the promoter entity held 1,41,77,759 shares representing 45.20% of the company. After the sale, the holding has come down to 1,40,97,759 shares, which is 44.95% of the total share capital. The transaction was carried out by a promoter group entity and reported under SEBI Takeover Regulations. The total equity share capital of Binani Industries stands at 3,13,66,175 shares of Rs. 10 each.
This is a small sale by a promoter group entity, but it is notable because the promoter holding in Binani Industries has now fallen below 45% (to 44.95%), moving further away from majority control. While the immediate price impact of a 0.26% sale is likely limited, continued promoter selling could weaken market confidence and reduce promoter influence over the company.