The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arun Goyal
DUCON · price
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Awaiting price reaction for this filing.
Promoter Arun Govil has sold 1,15,00,000 (1.15 crore) equity shares of Ducon Infratechnologies on 4th March 2025 through an off-market transaction. This reduces his stake in the company from 41.61% to 38.07%, a decline of 3.54 percentage points. The company's total equity capital remains unchanged at 32.49 crore shares of Re. 1 each. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations, which is mandatory for any promoter sale exceeding 2% of share capital.
This is a notable promoter sell-off worth several crores that signals reduced promoter confidence or a need to monetise holdings. Retail investors should monitor the buyer's identity and any further disclosures, as continued promoter selling could pressure the stock price.