The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sangeeta Ketan Shah
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Sangeeta Ketan Shah, a promoter of Hem Holdings & Trading Ltd, sold 9,800 shares (4.08% of the company's equity) through the open market on February 20, 2026. Her holding in the company dropped from 33,603 shares (14.00%) to 23,803 shares (9.92%) after the sale. The disclosure was filed under SEBI's Takeover Regulations (Reg 29(2)) to report the change in promoter shareholding. Hem Holdings has a small total equity base of 2,40,000 shares (face value Rs. 10 each), making the percentage impact significant.
Promoter selling a 4% stake in the open market can be a mild negative signal for retail investors, as it suggests the insider is reducing exposure. However, she remains a promoter with nearly 10% holding, so the company is not at risk of losing its promoter character from this single transaction.