The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kirti Lakhotia
LCCINFOTEC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.4 pts less than Nifty Microcap 250 and 4.7 pts less than its Education peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Promoter Kirti Lakhotia has sold all 2,25,55,734 equity shares (17.82% of the company's voting capital) in LCC Infotech Ltd, completely exiting the company. The sale was executed off-market through a Share Purchase Agreement dated 24th July 2024, with the transaction reportedly completed on 10th June 2025. Before the sale, the promoter held 17.82% of the company; after the sale, his holding stands at 0%. The company's total equity share capital is 12,65,93,350 shares of Rs. 2 each. The filing was made under Regulation 29(2) of SEBI's Takeover Regulations, 2011, which is mandatory for any promoter dealing of 1% or more.
A complete exit by the promoter is a strongly negative signal — it removes insider skin-in-the-game and may weigh on the stock price. Retail investors should watch for who the buyer is and any further disclosures, as a 17.82% off-market transfer could trigger an open offer obligation under takeover norms.