The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Madhu Sethia
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.4 pts more than Nifty Microcap 250 and 2.6 pts more than its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Madhu Sethia, a non-promoter public shareholder of Growington Ventures India Ltd, has sold 1,32,55,446 shares (2.06% of the company's equity) through open market transactions on 14th, 15th, and 22nd July 2025. Before the sale, Sethia held 3,69,00,025 shares (5.75%); after the sale, the holding stands at 2,36,44,579 shares (3.68%). The company's total equity share capital remained unchanged at 64,22,15,760 shares. The disclosure was filed under SEBI's Substantial Acquisition of Shares & Takeovers Regulations because the transaction crossed the 2% reporting threshold.
This is a significant open-market exit by a non-promoter shareholder, reducing their stake from 5.75% to 3.68%. While not a promoter action, a 2%+ sale by a single holder in a short span may exert mild short-term pressure on the stock and signals reduced confidence from this particular investor.