The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Prakash Shah & PACs
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Prakash Shah and his person acting in concert (PAC), Mrs. Suman Prakash Shah, have fully exited their stake in Hit Kit Global Solutions Ltd through an open market sale on 02/03/2026. Before the sale, Prakash Shah held 51,77,570 shares (9.61%) and Mrs. Suman Shah held 7,97,920 shares (1.48%), taking their combined holding to 59,75,490 shares (11.09%) of the company. After the transaction, both hold zero shares, meaning a complete 11.09% stake worth the combined shares has changed hands. The seller is not part of the promoter/promoter group, so this is a non-promoter investor exiting entirely. The company has 5,39,00,000 equity shares of Rs. 2 each as its total share capital.
A full 11.09% open market exit by a non-promoter shareholder could create short-term selling pressure on the stock. Retail investors should monitor trading volumes and price action, as a large open market sale often signals lack of confidence from the exiting holder.