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, has filed a Regulation 29(2) SAST disclosure with the stock exchanges informing them of a sale of 40,000 equity shares via the open market on November 13, 2025. Prior to the sale, he held 23,45,584 shares (0.86% of the company's equity capital), and after the sale his holding stands at 23,05,584 shares (0.85%). The disclosure also lists several persons acting in concert (PACs) including S.B. (Ravi) Pandit, Nirmala Pandit, Kishor Patil, and others, though only Ajay Bhagwat's individual transaction is detailed in this filing. The total equity share capital of KPIT Technologies remains 27,41,43,808 shares of Rs 10 each.
This is a very small sale by a single promoter, reducing his personal stake by just 0.01% (from 0.86% to 0.85%), so the impact on the stock price or overall promoter holding is likely negligible. Retail investors should view this as routine disclosure rather than a meaningful shift in promoter confidence or control.