Disclosure under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.
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Promoter Subhash Jayantilal Shah sold 3,393 equity shares of Hipolin Ltd on 28 November 2025 through on-market trade, valued at approximately Rs. 2.10 lakhs. Following the sale, his holding reduced from 56,039 shares (1.79%) to 52,646 shares (1.68%) of the company. The disclosure was filed on 1 December 2025 under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. No derivative transactions were involved. The Company Secretary, Anjali Maheshwari, submitted the disclosure to BSE on behalf of the company.
The promoter has trimmed his stake by a marginal 0.11 percentage points, which is a routine small-scale sale and unlikely to materially affect shareholder sentiment or stock price. Retail investors should note this as a minor insider activity but it does not signal any significant change in promoter confidence.