The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mangal Keshav Capital Ltd
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Mangal Keshav Capital Ltd, a non-promoter entity, sold 4,17,931 equity shares (about 2.23% of paid-up capital) of Candour Techtex Ltd in the open market on 30-09-2025. Before the sale, it held 41,72,073 shares (22.24%); after the sale its holding came down to 37,54,142 shares (20.01% of total share capital and 19.60% on a diluted basis). Out of the remaining holding, 4,00,000 shares (2.13%) continue to be encumbered. The total share capital of Candour Techtex is Rs.18.75 crore divided into 1.87 crore equity shares of Rs.10 each, and the filing was submitted to BSE on 3-10-2025.
This is a non-promoter investor trimming its position in Candour Techtex, taking its stake from above 22% to just 20%. For retail shareholders, this means a large market-facing holder has exited a chunk of shares, which could create short-term supply pressure on the stock, though it does not affect promoter ownership or company fundamentals.