Disclosure under Regulation 7(2) of SEBI ( Prohibition if Insider Trading) Regulations, 2015.
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Promoter Subhash Jayantilal Shah sold 14,684 equity shares of Hipolin Ltd on the open market between November 17 and November 26, 2025. The total transaction value was approximately Rs. 10.98 lakh. Following this sale, his shareholding declined from 2.25% (70,723 shares) to 1.79% (56,039 shares), a drop of about 0.46 percentage points. The disclosure was filed under Regulation 7(2) of SEBI's Prohibition of Insider Trading Regulations, 2015.
The promoter's stake is now very low at 1.79%, indicating limited promoter ownership and skin-in-the-game in the company. While the absolute percentage decline is small, any promoter selling can be viewed as a mild negative signal for retail investors.