BSEEmrock Corporation LtdHighNegative
Announced Fri, 21 Nov · 10:52 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Meet Govind Vaghani

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. Meet Govind Vaghani, a promoter of Vaghani Techno-Build Limited (BSE: 531676), has sold his entire holding of 2,42,400 equity shares (4.64% of paid-up capital) through an off-market Share Purchase Agreement. Before the sale, he held 4.64% (2,42,400 shares); after the sale, his holding stands at 0%. The transaction was executed on 19th November 2025 for a total consideration of Rs. 18,18,000, implying an effective price of about Rs. 7.50 per share — below the face value of Rs. 10. The total equity share capital of the company remains unchanged at Rs. 5.22 crore (52,20,000 shares of Rs. 10 each).

Likely market impact

This represents a complete exit by one of the promoters, which may raise governance concerns among retail investors despite the relatively small absolute value of the sale. A sub-face-value transaction price could also be viewed negatively, suggesting limited negotiating leverage or weak buyer demand.