The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ajay Bhagwat & PACs
KPITTECH · price
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Awaiting price reaction for this filing.
Ajay Bhagwat, a promoter of KPIT Technologies, sold 73,500 equity shares (about 0.02% of total share capital) through open market on June 11, 2025. His personal holding dropped from 24,19,084 shares (0.88%) to 23,45,584 shares (0.86%). The disclosure was filed under Regulation 29(2) of SEBI SAST Regulations 2011, which typically gets triggered when a promoter's aggregate buy or sell activity crosses a set threshold in a financial year. The disclosure also lists several persons acting in concert (PACs) including other promoter-group members and entities like Proficient Finstock LLP and K & P Management Services Pvt Ltd. The company's total equity share capital is 27,41,43,808 shares of ₹10 each, unchanged by the transaction.
The individual sale is tiny (0.02%) and unlikely to move the stock on its own, but the filing suggests aggregate promoter-group sales may have crossed a regulatory disclosure threshold, which investors should keep an eye on for any further selling activity.