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Awaiting price reaction for this filing.
Mr. Shantanu Upadhyay, Director and Key Managerial Personnel of Kati Patang Lifestyle Ltd, sold 3,37,045 equity shares worth approximately ₹79.30 lakh in an off-market transaction on February 12, 2026. His holding in the company dropped from 38,36,590 shares (10.69%) to 34,99,545 shares (7.89%), a decline of about 2.80 percentage points. The insider is classified as 'non Promoter Group' in the disclosure. The company, formerly known as VirtualSoft Systems Limited, is listed on BSE under scrip code 531126. The disclosure was filed under SEBI's Prohibition of Insider Trading Regulations in Form C.
A Director/KMP selling a significant portion of his stake (over 2.8 percentage points drop) may be viewed negatively by retail investors as it could indicate personal liquidity needs or reduced conviction in the stock. However, since the transaction was off-market (not on the exchange), it may not directly pressure the share price on listing platforms.