Disclosure received from 7(2)(a) of SEBI(PIT)
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Hemant Gupta, a member of the promoter group of Continental Securities Ltd, sold 1,00,000 equity shares (14.50% of the company) in the open market on December 26, 2025. Following this transaction, his shareholding in the company has dropped from 14.50% to 0%, meaning he has completely exited his position. The disclosure was made under SEBI's Prohibition of Insider Trading Regulations, 2015 (Regulation 7(2) read with 6(2)). The Form C was signed on December 27, 2025, and submitted to BSE.
A complete exit by a 14.50% promoter group member is a significant negative signal that may dent investor confidence and put short-term pressure on the stock price. Retail investors should watch for further disclosures to assess the total promoter group's remaining stake and the reasons behind the exit.