The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mahesh Agrawal
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Mahesh Agrawal, a Promoter of GTV Engineering Limited, sold 10,000 equity shares (0.32% of total share capital) in the open market on 26 May 2025. Prior to the sale, he held 11,56,681 shares representing 37.02% of the company; after the sale, his holding stands at 11,46,681 shares or 36.70%. The disclosure was filed under SEBI Regulation 29(2) of the SAST Regulations, 2011, and the company's total equity capital remained unchanged at 31,23,888 shares of Rs. 10 each. The sale is relatively small in size and was executed through the open market route.
This is a minor trimming of stake by an existing promoter — only 0.32% sold, so unlikely to materially affect share price or promoter control. However, investors may note the continued gradual reduction in promoter holding.