Announced Fri, 25 Jul · 16:05 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 1pctOwnership Changes View source PDF

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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

Mr. Rakesh Kumar Goel, along with Persons Acting in Concert (Mr. Gaurav Goel, Mr. Saurabh Goel, and Mr. Harsh Gupta), sold 27,586 equity shares of Delta Industrial Resources Ltd through open-market transactions on July 23, 2025. The combined promoter-group holding dropped from 77,586 shares (1.44%) to 50,000 shares (0.93%) of the company's paid-up capital. The total share capital of the company is 53,93,000 equity shares of Rs. 10 each (Rs. 5.39 crore). The disclosure was filed under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which is triggered when aggregate promoter sale crosses the 1% threshold in a financial year.

Likely market impact

Promoter-group stake has reduced by nearly 35% in a single transaction, which retail investors may read as a mild negative signal about promoter confidence, though the absolute size of the sale is small (about Rs. 40-50 lakh depending on share price). Post-sale, the promoter holding is below 1% of the company, reducing their ability to influence corporate decisions.