Announced Mon, 28 Apr · 17:53 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rakesh Kumar Goel & PACs

Promoter Stake Sell 1pctPromoter Below 50pctOwnership Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Rakesh Kumar Goel, part of the promoter group of Delta Industrial Resources Ltd along with PACs (Gaurav Goel, Saurabh Goel, Harsh Gupta), sold 75,000 equity shares through open market on April 21, 2025. Before the sale, the promoter group held 2,24,000 shares (4.15% of the company). After the sale, their combined holding has come down to 1,49,000 shares (2.76%). The shares were sold through a regular open-market transaction on the BSE and MSEI exchanges. Total share capital of the company is 53,93,000 equity shares of Rs. 10 each.

Likely market impact

Promoter group reduced their stake by 1.39% through an open-market sale, bringing their total holding to just 2.76%. This is a notable reduction by promoters and could be viewed negatively by retail investors as it signals promoter exit at current price levels. However, the absolute value of the sale is relatively small.