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

Ownership Changes View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.6%Reaction day

₹1.87

prior close

₹1.82

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.7%-1.0% vs market

Trading & Distributors peers, median of 128sector+0.0%-1.6% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 1.6 pts less than its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+3.3

10m

+3.3

15m

+2.7

30m

+1.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.6-0.7-1.0+0.0-1.6

Next day

-1.6-0.7-0.9+0.0-1.6

-2.1-0.2-1.9+0.0-2.1

-4.8-0.1-4.7-0.3-4.5

-2.1+0.4-2.5+0.0-2.1

-3.2+0.3-3.5+0.0-3.2

-3.2+1.0-4.2-0.1-3.1

15d

-12.8-0.2-12.6-0.5-12.3

-17.6-1.2-16.5-1.4-16.3

-25.7+0.6-26.3-2.6-23.1

-47.1-4.3-42.8-10.1-37.0

UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 128Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Madhu Sethia, a non-promoter shareholder of Growington Ventures India Ltd, has sold 1,73,58,656 equity shares (2.70% of the company's share capital) through open market transactions on 24 July 2025 and 25 August 2025. This reduced his shareholding from 23,644,579 shares (3.68%) to 6,285,923 shares (0.98%). The disclosure was filed under SEBI's SAST Regulation 29(2), which is triggered when a shareholder's holding changes by more than 2% of the company's share capital.

Likely market impact

This is a significant reduction in stake by a non-promoter shareholder, bringing their holding well below 1%. Such a large open market sale could create temporary selling pressure on the stock, but since the seller is not a promoter, it does not affect promoter holding or signal any change in company fundamentals.