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

Promoter Stake Sell 1pctPromoter Below 50pctOwnership Changes View source PDF Explain this filing

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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

-1.8%Reaction day

₹77.20

prior close

₹77.74

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-1.5% vs market

Industrial Products peers, median of 113sector-0.0%-1.8% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 1.8 pts less than its Industrial Products 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

-0.1

10m

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15m

+0.3

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.8-0.3-1.5-0.0-1.8

Next day

-3.1+0.1-3.1-0.7-2.4

-4.8+0.3-5.1-0.7-4.1

-4.6+0.8-5.4-0.4-4.2

-5.3+0.6-5.9+0.0-5.4

-5.1+0.2-5.3-0.7-4.3

-6.4+0.5-6.9-1.1-5.3

15d

-13.2-0.1-13.1-3.9-9.3

-22.7-3.5-19.2-7.4-15.3

-28.0-5.0-23.0-9.8-18.3

-31.6-13.4-18.2-18.7-12.9

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 113Pending

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

AI summary

Mahesh Agrawal, a promoter of GTV Engineering Ltd, sold 5,50,000 equity shares in the open market on 20 October 2025, representing 1.17% of the company's total share capital. His stake fell from 1,72,00,215 shares (36.70%) to 1,66,50,215 shares (35.53%). The disclosure was filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. The total equity capital of the company remains unchanged at 46,85,8320 shares of Rs 2 each.

Likely market impact

Promoter stake reduction of over 1% in the open market may be viewed negatively by retail investors, as it could signal liquidity needs or waning promoter conviction. The promoter holding remains well below 50%, meaning there is no change in control, but further sales should be monitored closely.