Announced Thu, 26 Jun · 08:29 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

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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

Ketan Moolchand Shah, Promoter and Director of Hem Holdings & Trading Ltd, has sold his entire holding of 41,402 shares (17.25% of the company's total share capital) through an off-market transaction on 24 June 2025. After this sale, his shareholding has dropped to zero. The company's total equity share capital remains Rs. 24 lakh (2,40,000 shares of Rs. 10 each). The promoter has fully exited the company in a single off-market transfer.

Likely market impact

This is a significant event — a promoter completely exiting his stake suggests a change in ownership dynamics and may raise concerns about the future direction of the company. Retail investors should watch for any related disclosures about who acquired these shares and monitor for further corporate actions or changes in control.