The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pawan Kumar Mittal HUF
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Pawan Kumar Mittal HUF, acting as Karta, sold 149,180 shares of Delta Industrial Resources Ltd in the open market through two tranches — 100,000 shares on 24 September 2025 and 49,180 shares on 29 September 2025. This reduced the HUF's holding from 325,000 shares (6.02%) to 175,820 shares (3.26%), a decline of 2.76 percentage points. The seller has explicitly stated that it does NOT belong to the promoter or promoter group of the company. The company's total equity capital stands at 53,93,000 shares of Rs. 10 each, and it is listed on BSE and Metropolitan Stock Exchange.
This is a non-promoter HUF trimming its stake by nearly half (from 6.02% to 3.26%), which may create mild short-term supply pressure on this thinly-traded small-cap stock. Since the seller is not part of the promoter group, it does not signal any change in promoter confidence or control of the company.