Announced Tue, 2 Sept · 16:57 IST

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

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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

Madhu Sethia, a non-promoter shareholder of Growington Ventures India Ltd, has disclosed an open market sale of 1,73,58,656 shares (2.70% of the company's equity) under SEBI's Takeover Regulations. Before the sale, Sethia held 2,36,44,579 shares (3.68%); after the sale, holding has dropped to 62,85,923 shares (0.98%). The transactions were carried out on 24/07/2025 and 25/08/2025 on the BSE. The company's total equity share capital remains unchanged at 64,22,15,760 shares.

Likely market impact

This is a non-promoter, open market exit reducing a shareholder's stake below 1%, with no impact on promoter holding or company control. It signals a notable non-promoter selloff but is unlikely to materially affect the stock price.