The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ajay Bhagwat
KPITTECH · price
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Ajay Bhagwat, a promoter of KPIT Technologies, sold 73,500 equity shares (0.02% of share capital) through the open market on June 11, 2025. After the sale, his holding in the company reduced 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, indicating the sale, combined with earlier transactions in the financial year, crossed the regulatory disclosure threshold. The total equity share capital of KPIT Technologies remains unchanged at 27,41,43,808 shares of ₹10 each.
This is a small promoter trimming of stake (just 0.02% reduction in individual holding) and is unlikely to have a material impact on the stock price or overall promoter group holding. Retail investors may view it as a routine regulatory disclosure rather than a negative signal.