The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aanchal Jain & PACs
FIEMIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Three members of the promoter group — Aanchal Jain, Rahul Jain and Seema Jain — together sold 11,70,000 equity shares (4.45% of the company) through open market transactions on 17 September 2025. Each seller disposed of 3,90,000 shares (1.48%). The combined promoter and PAC group holding in Fiem Industries reduced from 58.96% to 54.52% after the sale. Fiem Industries is listed on both BSE and NSE. The disclosure was filed under SEBI's Takeover Regulations (Regulation 29(2)) to inform the exchanges about this insider disposal.
This is a notable promoter sell-off in the open market, which can be read as a negative signal by retail investors since insiders are reducing their stake. However, the promoter group still holds a comfortable 54.52%, well above 50%, so there is no risk of losing management control. Watch for follow-up disclosures to see if more selling is planned.