The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pratik Lakhotia
LCCINFOTEC · price
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Pratik Lakhotia, classified as a promoter of LCC Infotech Ltd, has sold his entire holding of 3,58,205 equity shares (0.28% of total share capital) through an off-market transaction under a Share Purchase Agreement dated 24 July 2024, with the actual sale taking place on 10 June 2025. After this sale, his shareholding in the company stands reduced to zero, meaning he has fully exited his promoter stake in the company. The total equity share capital of LCC Infotech remains unchanged at 12,65,93,350 shares of Rs. 2 each. The disclosure was filed with NSE and BSE on 11 June 2025 under Regulation 29(2) of SEBI's Takeover Regulations.
Although the stake sold is very small (0.28%), this represents a complete exit by a named promoter, which may raise minor governance concerns about promoter commitment. Retail investors should note this is an off-market block deal, not an open-market sale, so it is unlikely to impact the stock's daily liquidity or price significantly.