Announced Mon, 16 Jun · 19:18 IST

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

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

Price

Loading chart…

▲ 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

Ketan Moolchand Shah, a Promoter and Director of Hem Holdings & Trading Ltd, sold 9,800 shares (4.08% of total equity) through an off-market transaction on 14 June 2025. His stake in the company dropped from 51,202 shares (21.33%) to 41,402 shares (17.25%). The company has a small total equity base of 2,40,000 shares (Rs. 24 lakh capital). The disclosure was filed under SEBI's takeover regulations (Regulation 29(2)), which is mandatory for promoter stake changes exceeding 2%.

Likely market impact

Promoter stake reduction via off-market route may signal portfolio rebalancing or exit intent. Post-sale, the promoter's holding has fallen to a low 17.25%, reducing skin-in-the-game for retail shareholders to monitor going forward.